Code Red Warning of Property Bubble
More and more non-property developers are joining in the property game. Logistics Holdings, Advanced Integrated Manufacturing Corp and Courage Marine are the latest additions, expect more to come as the bubble blows bigger.
More and more companies are using REITs or business trusts to extract value from their property portfolios and thus benefit from financial engineering. Boustead,OUE and SPH are some of the latest to join in the game.
Robert Shiller has warned of another property bubble growing in US property market. SingHaiyi group is the latest to join in the game while it is still hot.
It all depends on when the fat lady sings, Bernanke won’t be around to see it but Janet Yellen will. Read her lips, she will have the tough job of making the right call and cleaning up after the party.
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