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