China Has Their Own Florida

6.18.2010

Not wanting to keep collapsing real estate prices all to ourselves, China’s “Hawaii,” Hainan, a tropical island off the coast of China, experienced an almost 30% price drop in May vs April of this year according to CapitalVue:

CapitalVue

On the beach in China's "Hawaii"

Now that’s exciting! If you are over age 50, did you ever think you would see real estate prices bounce more than day-traded stocks?