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Interesting. This is the biggest developer in a sector worth 29% of China's GDP. If they can fail, so can all the other ones. Who would invest in Chinese real e
by globalise83 5y ago
Interesting. This is the biggest developer in a sector worth 29% of China's GDP. If they can fail, so can all the other ones. Who would invest in Chinese real estate now, and where is the needed 8% plus GDP growth needed by China to meet its annual targets going to appear from?
- Hokusai 5y ago> Who would invest in Chinese real estate now It's not that true for Western countries after the 2008 financial crisis? It seems to not have stopped housing bubbles.
- redblacktree 5y agoThe biggest US real estate developers don't appear to be on the verge of default, no.
- Bayart 5y ago>Who would invest in Chinese real estate now The Chinese. Real estate is really the only investment open to the middle class. Property owners have on average nearly three properties, something stupid like that. That won't change.