Inflation-adjusted home prices in China have fallen below where they started two decades ago, and the fiscal fallout is hitting local governments even harder than developers.
The Chinese government made this happen to help the lower classes with home ownership. So, maybe we could use our unique rights structure to convince those with the levers here, to pull them.
The Chinese government made this happen to help the lower classes with home ownership. So, maybe we could use our unique rights structure to convince those with the levers here, to pull them.
There was another thing the Chinese did to landlords that we could try too
Yes, let’s.