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China reality check

The looming real estate disaster

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"It's surreal and it's everywhere"

We've been reporting on this one for years.

And the Chinese just keep building.

This can't possibly end well, but there sure will be a lot of distressed real estate some day.

The news about China's crazy real estate market has been anything but a secret.

We used to call this a "ticking time bomb."

Well, the ticking has stopped.