China’s bursting housing bubble summed up in a viral video, as official tells citizens to ‘Buy one property, then a second. Bought a second? Buy a third, and fourth’
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FortuneYvonne Lau
China’s bursting housing bubble summed up in a viral video, as official tells citizens to ‘Buy one property, then a second. Bought a second? Buy a third, and fourth’
The official's comments come as China grapples with a deepening property crisis that's seeing developers unable to finish housing projects—and hundreds of thousands of homeowners unwilling to pay their mortgages.
Aug 17, 2022
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Let's look at the developments in China's property market crisis. Chinese leaders believe lowering home inventories would halt the country's unparalleled property collapse. Rahesha Sehgal brings you this report Watch more: https://www.wionews.com/videos | WION
1:39
Let's look at the developments in China's property market crisis. Chinese leaders believe lowering home inventories would halt the country's unparalleled property collapse. Rahesha Sehgal brings you this report Watch more: https://www.wionews.com/videos | WION
FacebookWION
2.3K viewsJun 1, 2024
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