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I've been reading about the Chinese property bubble for like 10 years now and it always seems like it's gonna burst but never does. Do the Chinese not have acc
by vsskanth 3y ago
I've been reading about the Chinese property bubble for like 10 years now and it always seems like it's gonna burst but never does.
Do the Chinese not have access to the equity market, index mutual funds etc. ? Why is 80% of household wealth in real estate ?
- toomuchtodo 3y agoHousing was considered a safe default investment. Chinese equity markets are treacherous. https://news.ycombinator.com/item?id=37645726 https://news.ycombinator.com/item?id=37645726 https://news.ycombinator.com/item?id=37644009 https://news.ycombinator.com/item?id=37644009
- kwere 3y agoBubbles inflate, deflate ("intrinsic values" cath up) or burst, never go away
- hulitu 3y agoCapitalism at its best.