Except pretty much everyone has a mortgage to get their property. Even the Chinese house buyers, well, most of them. So house prices drop, so the backstop for

Except pretty much everyone has a mortgage to get their property. Even the Chinese house buyers, well, most of them. So house prices drop, so the backstop for the loans doesn't work anymore. Interest rates are rising, so monthly payments are going up. Let's just say "I hope rents are rising too". Otherwise ...