Comments by "D0uble Tr0uble" (@popcorn6931) on "52% Housing Price Cut in Guangdong Still No Buyers, a Catastrophic Housing Market Crash Is Coming" video.

  1. Sounds like wealth transfer to me. Whenever buyers lose their equity... that's common prosperity upside down. Furthermore, with factories moving out of china, this seems more like a permanent adjustment to the downside due to loss of collective earning power.
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  2. Sounds like both corporate and municipal debt are over stretched. That's the double whammy.
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