Steve August 6, 2022
china’s-mortgage-boycott:-could-the-property-market-crumble?

Chinese homebuyers are refusing to pay the mortgage on properties they have bought because developers can’t finish them., From: Counting the CostChinese homebuyers are refusing to pay mortgages on properties they have bought because developers cannot finish them.Real estate has been one of the biggest drivers of economic growth in China, accounting for one-third of the country’s $18 trillion gross domestic product (GDP). It is not just the broad economy that relies on it, households do, too. Up to 70 percent of their wealth is tied up in,2022-08-06 09:42:00,Read More