China Property Market

[specuvestor]

As I've been pointing out the obvious (obvious because any rational observer can conclude, nothing prophetic) that there was/ is a real estate bubble in Hong Kong, China, Singapore, Australia, UK, etc. The only difference is what the government is doing about it. In particular I am concerned about UK and Australia as per our discussion here:
http://www.valuebuddies.com/thread-3823-...l#pid90180

Everybody knows there is a bubble but everybody have to choose if they want to take their chances on when it will pop. LKS is a very rational and shrewd investor. His actions already affirm the trail of the bubble. My past observation is that we need to watch what he do rather than what he say due to his own vested interest. That said, he already gave a clue when he said normal business of "selling high". Like Buffett these guys dont aim to sell at the top or buy at bottom, and are usually 6 months or so early.

As for Temasek, people also forgot what it lost in GFC on the western banks is about the same as what it gained in the chinese banks prior. How it stabilised DBS, Capitaland and trusts, Olam etc during crisis. IMHO I dont think its return is impressive but it's not shabby either.