The Asian Housing Bubble

As the U.S. is speculated to be at the peak of the housing bubble with the rates of deliquencies turning over to foreclosures are on the rise, the Asian market is again in a bubble.
China's ownership rate of approx. 80% and the U.S. of approx 69% may indicate social economical stability, but looking at the Asian income to housing appreciate rate indicate that the U.S. income is and has not kept up with the growth rate of housing appreciation. Stabilization of the two factors will require a correction by increasing income to meet the housing rate or the likely of the two options, a decrease or depreciation of the housing rate to the income rate.
In this article you will find China's income has a much more significant growth rate of income over housing appreciation. From their late 90s housing correction has lead them to a stabilization after 10 years.
India is the country to watch in regards to their housing market. With similar rates of income to housing growth, their stability will bring concerns to the global housing market. In essence, stay out of the India for real estate investments.
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