- Housing, once the ticket to wealth in China, is now draining fortunes — With 70 percent of family assets in China stored in property, every 5 percent decline in prices could destroy as much as $2.7 trillion in wealth: Bloomberg Economics https://www.washingtonpost.com/world/2024/07/16/china-economy-real-estate-crisis-third-plenum/ 127 comments economics
- Housing, once the ticket to wealth in China, is now draining fortunes https://www.washingtonpost.com/world/2024/07/16/china-economy-real-estate-crisis-third-plenum/ 80 comments china
Linked pages
- China's Real Estate Crisis Is Wiping Out Middle Class Wealth - Bloomberg https://www.bloomberg.com/news/articles/2023-12-17/china-s-shrinking-household-wealth-families-strive-to-save-nest-eggs 77 comments
- Is It Me or the Economic System? Changing Evaluations of Inequality in China - Big Data China https://bigdatachina.csis.org/is-it-me-or-the-economic-system-changing-evaluations-of-inequality-in-china/ 3 comments
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