The Great Fall Of China’s Housing Market: Who Will Pay The Price? | Insight | China Mortgage Boycott
In July, thousands of Chinese homebuyers threatened to boycott mortgage payments. Since the Evergrande Crisis, other cash-strapped developers have halted construction, leaving millions in limbo.
Over speculation left Chinese property market in jeopardy. Meanwhile, desperate homebuyers have moved into their unfinished apartments, making do without electricity and water. With echoes of the 2008 US subprime mortgage financial crisis, people around the world are closely watching how this crisis in China will unfold.
What is behind China’s mortgage crisis?
For greater INSIGHT into issues affecting Asia:
===============
ABOUT THE SHOW: Insight investigates and analyses topical issues that impact Asia and the rest of the world.
==========================
#CNAInsider #CNAInsiderInvestigates #China #Evergrande #RottenTailBuilding
For more, SUBSCRIBE to CNA INSIDER
1 view
0
0
3 days ago 00:02:32 1
Manowar: Live From The Oscars
4 days ago 00:46:41 45
State of Play | February 12, 2025 [English]
4 days ago 01:14:58 1
Full movie in English | A quiet village becomes the epicenter of horror | sci-fi, Apocalypse 💥
6 days ago 00:04:06 2
Lord Conrad - Only You (Official Video) Shuffle/Freestyle Dance Music
7 days ago 00:04:17 1
Toxicity - Drum Cover - System Of A Down
1 week ago 00:04:09 2
The Beach • Porcelain • Moby
2 weeks ago 00:04:11 2
Sweet - The Ballroom Blitz - Disco/Promo Clip (OFFICIAL)
2 weeks ago 00:08:00 16
Dream Theater - Midnight Messiah (Official Video)
2 weeks ago 00:00:39 5
Are transfer robots complex and expensive?
2 weeks ago 00:05:12 2
Triple Jump highlights | Italian U23 indoor championship 2023
2 weeks ago 00:00:25 2
Rainbows are beautiful in nature, of course✅This motif is a great idea for #blanket #knitting🧵
2 weeks ago 00:00:00 4
TRY TO LISTEN FOR 13 MINUTES AND YOU WILL FEEL ITS POWER - Alpha Waves (Music Rejuvenates The Body)