tag:blogger.com,1999:blog-2751350977151566080.post948743006810652625..comments2013-06-20T05:51:46.525-07:00Comments on Oussama Hayek: Bubble, Bubble, here comes trouble...Oussama Hayekhttp://www.blogger.com/profile/09665376834092824684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-2751350977151566080.post-63036828552289062602010-09-07T06:57:22.714-07:002010-09-07T06:57:22.714-07:00What puzzles me is the source of the leverage in t...What puzzles me is the source of the leverage in the system. Real estate lending is a relatively small part of the banking sector's balance sheet. So, is it all developer financing? When the bubble does burst, who will end up with the bad debt or bad assets?Oussama Hayekhttps://www.blogger.com/profile/09665376834092824684noreply@blogger.comtag:blogger.com,1999:blog-2751350977151566080.post-36988665001449101072010-09-07T06:25:18.177-07:002010-09-07T06:25:18.177-07:00I agree - the bubble is going to burst no matter w...I agree - the bubble is going to burst no matter what the "experys" have to say about the so-called "fundamentals". We can't all forget that Dubai placed bets on the "strong fundamentals of the real estate market" and we know how that ended.Anonymoushttps://www.blogger.com/profile/05634243656307937975noreply@blogger.com