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 prepayments rise. Meanwhile, China’s developers are starting to show the strain, with real…
World’s Largest Real Estate Market on the Brink of Collapse: Experts
May 23, 2023
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China Business & EconomyChina NewsChina real estate marketfinancial crisisGlobal Real Estatereal estatereal estate bubble
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Rental Market Bust Just Around the Corner, Experts Warn
April 4, 2023
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Business & Marketseconomic policieseconomyinflationInvestmentMarketspersonal financereal estatereal estate bubblerecessionrental costsUSUS NewsUS Real Estate
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The collapse of the U.S. rental market is just around the corner, some real estate experts warn. Rental prices finally dropped to pre-pandemic levels last month after millions of Americans struggled to keep up with skyrocketing housing costs since the start of the pandemic. In a series of recent tweets, Nick Gerli, the CEO & Founder of…
China’s Sinking Real Estate Market Reveals Deeper Economic Troubles
Real estate sales have plunged by more than 20 percent across major cities in China, despite Beijing’s efforts to shore up its struggling housing market. Authorities have tried rolling out stimulus policies, such as tax breaks for new home buyers and lower mortgage rates but the overall performance of the real estate market remains poor…
What Evergrande’s Troubles Reveal About China’s Real Estate Industry and Economy
Commentary The news of the financial crisis of real estate giant Evergrande Group is a shock to China’s consumers. Its shares took a serial decline in the Hong Kong stock market. Consequently, it drew the attention of Wall Street investors. How long can Evergrande last? Is it the beginning of China’s real estate industry slipping…
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