Asia property bubble bursting

June 21, 2011 at 10:33 pm Leave a comment

Cheung Kong Holdings and Sun Hung Kai Holdings have sounded clear warnings about Hong Kong property markets.

China and other red-hot Asian property markets are also in same predicament.

Here’s why from the perspective of Five elements.

This year is 辛卯年(XinMao year),辛(Xin)是金(Metal),卯(Mao)是木(Wood),Property belongs to Earth element.

In theory of 5 elements,Metal saps energy of Earth while Wood conquers Earth. Thus,2011 will be a bad year for property especially in 2nd half when Wood power gains ascendancy.

Entry filed under: Watch your step. Tags: .

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