China Housing : 3 red lines to mortgage crisis, policy incompetence

sgbuffett

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08-08-2022, 07:44 AM

When 3 red lines policy came out the intention was to safeguard China property sector.
It instead led to an ugly collapse with homebuyers refusing to pay mortgages.

https://www.reuters.com/business/snowbal...022-07-29/

I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.

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ArielCasper

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08-08-2022, 08:01 AM

CCP mah.. what u expect.

1. I have served the nation in a combat unit for 2.5 + 10 years. I had fulfilled my duty as a citizen, but has the country do it's part for me?
2. I don't know where the threat of CCP is, but I know the threat of CECA is already at my doorsteps
3. I had been called a CCP, JHK, Pinoy, but they never called me a CECA..

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Zannn

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08-08-2022, 08:36 AM

(08-08-2022, 07:44 AM)sgbuffett Wrote: When 3 red lines policy came out the intention was to safeguard China property sector.
It instead led to an ugly collapse with homebuyers refusing to pay mortgages.

https://www.reuters.com/business/snowbal...022-07-29/

Bad news all over weekend. HS tech will sink n sink. Yr 2x will be roasted dude

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starbugs

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08-08-2022, 08:51 AM

Can the ccp agents in this forum please confirm they are still paying their mortgages in tiongkok?

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