President Xi Jinping’s crackdown cut real estate debt by 17%, crushed speculation and lowered systemic risk. Five years on, though, house prices continue to fall and the distortions that fed ...
Life in Venice” promised a luxurious lifestyle by the sea. But after its developer declared bankruptcy, it is now a ghost ...
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Why China's property crash must be kept top secret
As home sales continue to plummet, Beijing has curbed independent reporting of real estate figures. The gag order masks a deepening property slump that continues to erode household wealth and strain ...
Land is a weird asset. We need it to be affordable because everyone needs somewhere to live. But for many people, real estate is also their biggest store of wealth — a kind of national piggybank that ...
In November 2025, the National Bureau of Statistics (NBS) published data showing that investment in real estate development for the first ten months of the year declined by a whopping 14.7 percent, ...
When Bloomberg Economics Chief Economist Tom Orlik published China: The Bubble That Never Pops (Oxford University Press) in 2020, the Chinese economy was facing threats on multiple fronts. After the ...
China's real estate downturn has left vast housing developments abandoned, a stark reminder of the nation's popped debt-fuelled property bubble. Among these is "Life in Venice," a sprawling ...
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