| Emerging markets are on a building tear, and nowhere is that more evident than Asia. Flush with capital from years of high savings rates and with a population seeing substantial increases in wealth, countries in the region have focused on providing the housing, infrastructure and commercial buildings needed for the millions of new urbanites that flock into cities from the countryside each year.
Low interest rates and rapidly growing economies, two situations that are strikingly similar to the ones that created America's home bubble of the 1990s and 2000s, are also at play..............................................Full Article: Source
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