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How is China doing
Sep 27, 2021 18:39:29   #
Cuda2020
 
an interesting read/scenario

Why China's Evergrande Crisis Could Be Worse Than the U.S. Crash
With 30% of its GDP at risk, China’s economy is more vulnerable to a real estate bust than either America’s or Japan’s was when their bubbles burst.

http://www.bloomberg.com/opinion/articles/2021-09-25/why-china-s-evergrande-crisis-could-be-worse-than-the-u-s-crash

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Sep 27, 2021 19:54:38   #
Canuckus Deploracus Loc: North of the wall
 
Cuda2020 wrote:
an interesting read/scenario

Why China's Evergrande Crisis Could Be Worse Than the U.S. Crash
With 30% of its GDP at risk, China’s economy is more vulnerable to a real estate bust than either America’s or Japan’s was when their bubbles burst.

http://www.bloomberg.com/opinion/articles/2021-09-25/why-china-s-evergrande-crisis-could-be-worse-than-the-u-s-crash


Tell me about it

The new rental policies are exacerbating the situation as well...

We've just come to the decision to put off buying an apartment in the school district I want my daughter in because of this...

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Sep 27, 2021 21:14:21   #
steve66613
 
Canuckus Deploracus wrote:
Tell me about it

The new rental policies are exacerbating the situation as well...

We've just come to the decision to put off buying an apartment in the school district I want my daughter in because of this...


Heck…..make the CCP an offer…..you might be able to get an entire high-rise in one of those vacant cities. Looks like the CCP has the power on; the traffic lights are flashing green and it looks like a city, built for a
million residents, is lit up enough to see from outer space at night.

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Sep 27, 2021 22:17:36   #
Cuda2020
 
Canuckus Deploracus wrote:
Tell me about it

The new rental policies are exacerbating the situation as well...

We've just come to the decision to put off buying an apartment in the school district I want my daughter in because of this...


Hold on buddy, you may have a bumpy ride.

Reply
Sep 27, 2021 22:19:18   #
Cuda2020
 
steve66613 wrote:
Heck…..make the CCP an offer…..you might be able to get an entire high-rise in one of those vacant cities. Looks like the CCP has the power on; the traffic lights are flashing green and it looks like a city, built for a
million residents, is lit up enough to see from outer space at night.


Great opportunity for Muslims looking for a new home.

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