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Patrick T
China Observer
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Comments by "Patrick T" (@patrickt49) on "Chinese Housing Market in Crisis: Nationwide Trend of "Giving Away Homes for Free”" video.
Having a stable income isn't so obvious until you've lost your job.
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@Onion_Knights keep on building but nobody moves in. That's already a red flag. Then they find out their population is declining. Nobody is going to come and salvage the economy.
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It's fear if missing out. Everyone went on a spree because they didn't want to be priced out of the market. But the exact opposite happened. Property dropped which reflects the true value of these artificially inflated properties
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