[kokee]

dont talk about small town or city property dive straight down, shanghai property also crashing hard now.
suzhou local govt bankrupting with not much income but expense surges, land sale almost stop now across china, local govt borrow ton of money from banks for last 20 yrs, what will happen to china banks?


疫情擊垮上海樓市，暴跌67%全面崩塌，經濟遭受重創，樓市壹片慘淡，二手房量價齊跌，上海樓市正在被疫情無情摧毀

5.1【蘇州快要破產了？】全市做核酸花很多錢，賣地收入也沒有，蘇州政府喊窮，儲備花光快要破產了！