Real estate bubble has to pop soon, surely. IIRC, the apartments are sold at inflated prices because the buyers think the value will increase, but the supply of apartments is in excess of demand for housing so they cant be sold or rented out, also many construction companies are already in the dwang.
Real estate bubble has to pop soon, surely.
IIRC, the apartments are sold at inflated prices because the buyers think the value will increase, but the supply of apartments is in excess of demand for housing so they cant be sold or rented out, also many construction companies are already in the dwang.
Also factor in sub par building.... some of these buildings are unlivable. They were built at record speed, and now have engineering issues.
Also factor in sub par building.... some of these buildings are unlivable. They were built at record speed, and now have engineering issues.
It's almost like the things made in china..... are just poorly made shit products.
It's almost like the things made in china..... are just poorly made shit products.
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