China’s bursting housing bubble summed up in a viral video, as official tells citizens to ‘Buy one property, then a second. Bought a second? Buy a third, and fourth’
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FortuneYvonne Lau
China’s bursting housing bubble summed up in a viral video, as official tells citizens to ‘Buy one property, then a second. Bought a second? Buy a third, and fourth’
The official's comments come as China grapples with a deepening property crisis that's seeing developers unable to finish housing projects—and hundreds of thousands of homeowners unwilling to pay their mortgages.
Aug 17, 2022
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3.6K views · 117 reactions | China's property sector crisis deepens According to reports, property giant Shimao puts all of its projects up for sale. WION brings you this report Watch more, https://www.wionews.com/videos | WION | Facebook
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3.6K views · 117 reactions | China's property sector crisis deepens According to reports, property giant Shimao puts all of its projects up for sale. WION brings you this report Watch more, https://www.wionews.com/videos | WION | Facebook
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