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Full Version: China Housing : 3 red lines to mortgage crisis, policy incompetence
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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/
CCP mah.. what u expect.
(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
Can the ccp agents in this forum please confirm they are still paying their mortgages in tiongkok?