May
28
“Some people have observed that a good time to short the market is when the tallest building in the world is under construction. The Empire State Building, Sears Tower, WTC 1 and 2, Petronas Towers, Burj Khalifa all went up prior to severe recessions. I don’t expect any building to surpass the Burj Khalifa for a long time. So it’s enough that the second tallest building in the world is under construction in Shanghai. It’s time to build shorts.”
More on the Shenzhen property market. When will China build the world’s tallest building? NOAH collapses. « Stableboy Selections
