Comments by "oltedders" (@oltedders) on "Evergrande Ordered to Liquidate - What Now?" video.

  1. Evergrande has over 1 million unfinished presold projects that have no chance of being completed. The bank loans that launched these projects are still required to be paid off despite the prospect of the buyers never receiving anything for their money. Defaulting on a loan is not an option. The money is still owed, and a large fine is levied on top of still owing the balance on the loan. Default also comes with restrictions on travel and access to educational opportunities for ones children. This is more serious than has been presented with the failure of Evergrande.
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  2. @henriikkak2091  I have seen videos that say there are enough housing units (not all finished) for 3X the population.
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