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70% of Homes Sold in China This Year Are Second or Third Homes
- olooney 8y agoWhen does this come crashing down, and what gets dragged down with it?
- downrightmike 8y agoWhen the government stops giving loans to the cement/steel and other industries that it is propping up. Many of factories take out loans just to pay interest so they can stay open.. They are building neighborhoods where no one lives and it is in large part to use some of their industrial output.