prem watsa

Prem Watsa: Monstrous Real Estate & Construction Bubble in China [SLIDES]

We have been reporting Prem Watsa's Fairfax Financial annual meeting for shareholders. Readers can find some prior coverage here, . Below are the slides from Watsa, including some his 'famous comments' about China's 'massive real estate bubble', and his chart about the social media bubble.

Monstrous Real Estate & Construction Bubble in China

  • China built 50 Manhattans between 2008 and 2012

 

  • China built 20 million housing units in 2012 compared to . . .

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