Man, I wish they knew how to do this in China.
Or in America back in 2003.
Seriously, in the past couple of years, I'm surprised this hasn't happened more. Greece, Spain, Ireland, Iceland, Russia, China, Thailand, Lithuania, Estonia, Latvia, Hungary, Ukraine, Moldova, Bulgaria, Romania, Dubai, Mexico, America - all the housing bubble countries, especially the ones with corrupt governments, should have went up like a tinderbox.
Money bombs and police states can only hold back the tide so long.