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A friend tried to tell me China has a real estate crisis, because the value of houses is dropping due to building to many and people are losing on their investm
by sharpshadow 2y ago
A friend tried to tell me China has a real estate crisis, because the value of houses is dropping due to building to many and people are losing on their investments. I asked him if he is sure cheap and available housing is a crisis.
- treis 2y agoEveryone in the industry losing their shirts and going out of business is a crisis. It happened 15 years ago in the US and we still haven't made it back to mid 90s level of housing starts.