World’s Largest Real Estate Market On The Brink Of Collapse: Experts
May 24, 2023 at 22:50 PM EDT
Authored by Kathleen Li and Ellen Wan via The Epoch Times (emphasis ours), Recent statistics from China’s central bank show that home buyers’ enthusiasm has fallen drastically. Despite price cuts and incentives, the world’s largest housing market continues to slump, and China’s banking sector is taking a hit on two fronts, as both defaults and […] Source