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

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China Housing : 3 red lines to mortgage crisis, policy incompetence - sgbuffett - 08-08-2022

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/snowballing-crisis-evergrande-worlds-most-indebted-developer-2022-07-29/


RE: China Housing : 3 red lines to mortgage crisis, policy incompetence - ArielCasper - 08-08-2022

CCP mah.. what u expect.


RE: China Housing : 3 red lines to mortgage crisis, policy incompetence - Zannn - 08-08-2022

(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/snowballing-crisis-evergrande-worlds-most-indebted-developer-2022-07-29/

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


RE: China Housing : 3 red lines to mortgage crisis, policy incompetence - starbugs - 08-08-2022

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