China's mortgage boycotts are a symptom of a broader crisis from TheEconomist
In the longer term, China's developers need a less frenetic business model. They will have to rely less on selling flats in advance and starting the next project before finishing the last. In China, the demand for housing is vast. But it is not infinite.
In the longer term, China's developers need a less frenetic business model. They will have to rely less on selling flats in advance and starting the next project before finishing the last. In China, the demand for housing is vast. But it is not infinite.
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