Housing is for.living policy in China.
They bite the bullet to do this if not the bubble would have been much bigger and deadlier.
Real estate is cyclical. The Chinese Market has been correcting for 3 years and they ring fence the banks and protect the buyers....the developers can go and die if they had been careless.
Eventually they will evolve a new housing model.because the previous one drive by capitalism is just crazy unstable
Property crash is gd because housing will be more affordable, especially for young couples.
(19-03-2023, 09:56 AM)WhatDoYouThink! Wrote: [ -> ]Property crash is gd because housing will be more affordable, especially for young couples.
Concurred.
lets make China housing great again.
![[Image: Screenshot-20230319-100929-com-android-c...360178.jpg]](https://i.ibb.co/v3xxR0Z/Screenshot-20230319-100929-com-android-chrome-edit-141509111360178.jpg)
。
![[Image: Screenshot-20230319-100952-com-android-c...369029.jpg]](https://i.ibb.co/TT749YK/Screenshot-20230319-100952-com-android-chrome-edit-141528895369029.jpg)
Even though it rises by over 20 times, it still can buy. Most of the 2nd tier cities' properties are increasing. This might be one of the rises why our property prices are rising even though our immediate surrounding countries' properties have dropped, some half-ed.
May know this counter Yanlord their properties are whare ?
Meantime, banks will suffer. private debt kept hitting record level
![[Image: 6-A492010-35-AB-4-E0-D-9-E36-E2-C4-C1-B97-A82.png]](https://i.ibb.co/zF8FdyP/6-A492010-35-AB-4-E0-D-9-E36-E2-C4-C1-B97-A82.png)
.
Capitaland owns many properties in Shanghai and across China..
Mati
(19-03-2023, 10:06 AM)K88 shu shu Wrote: [ -> ]lets make China housing great again.
They can do it no problem.
Reset is good.so that new people can buy cheap.
People there are having less children due to high property prices.
Aiya everday shout crash, when really crash but no ready money to buy cheap then miss the boat, then later prices go up and then continue to shout crash. Really wasting efforts
(19-03-2023, 09:38 AM)sgbuffett Wrote: [ -> ]Housing is for.living policy in China.
They bite the bullet to do this if not the bubble would have been much bigger and deadlier.
Real estate is cyclical. The Chinese Market has been correcting for 3 years and they ring fence the banks and protect the buyers....the developers can go and die if they had been careless.
Eventually they will evolve a new housing model.because the previous one drive by capitalism is just crazy unstable
WHEN WILL SPORE PROPERTY CRASH?
HOPE IT COME ASAP
PROPERTY WENT UP SO MUCH CAUSE ME TO PAY >20% ON MY PROPERTY TAX THOUGH NOT RENTED OUT