Who said temporarily? Asian culture isn't a rental culture, it's a purchase culture.
Where is that happening? How many properties do you own in Asia?Asian housing collapses are underway, for largely the same reasons as we're going to see in Canada -- massive overcapacity, excess leverage and speculation, and very poor domestic real economies
It's always very difficult to seriously discuss these types of issues with Canadians who lack real international experience.
So I won't continue here and will leave saying "OH IT'S ALL GOING TO HELL...SELL, SELL, SELL.....GET THE LIFEBOATS!"