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Xinyuan Real Estate Co., Ltd. Message Board

  • dbozor dbozor Mar 7, 2013 3:42 PM Flag

    US real estate is a bubble as compared to China Real estate

    This survey was conducted by interviewing 2,000 Chinese across 15 cities. The average level of debt to average income in the US is 136% compared to 17% in China. 85% of Chinese surveyed owned atleast one home and 11% carried mortgages. In the US 69% of people are homeowners with 70% carrying mortgage debt. There's still a back log of foreclosures in the US and in many markets foreclosures are setting the market price. Average PE ratio of US homebuilders is 30- 45 compared to XIN at around 2. You tell me what market you want your money in.

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