Comments by "Fredinno" (@innosam123) on "How Chinese government and developers cope with China’s housing market" video.

…Assuming they can leave China in the first place. Which they can’t. House prices and sales are dropping in Vancouver as well.
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@dhirajmeenavilli5508 Vancouver is at such low vacancy (and at high out-migration due to prices pushing people to smaller BC cities) already that a cool-off in demand usually results in less change than one would expect. Any decrease in prices immediately opens up more demand, halting any further decreases in prices. Eg. The empty housing bill did actually work, but only to the point where it helped stabilize housing prices overall for the last couple years (considering housing was in a crippling bull run previously, that’s pretty good.)
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