Fixing China's property sector may take a decade, says Grow Investment
China's urbanization drive may be drawing to a close — and that could further hurt the already ailing property sector, according to China economist Hao Hong.
Source: cnbc.com
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Chinese investors scramble to dump overseas property as Xi's economy freefalls | World | News
Investment intermediaries have warned that China's property downfall has left residents unable to make final payments on their homes.
Source: express.co.uk
China May Have Enough Empty Homes for Close to 10 Times US' Population
China's empty homes, based on experts' high estimates of vacant houses, could house nearly 10 times the population of the US.
Source: businessinsider.com
'1.4 Billion People Not Enough': Number of Unsold Apartments in China Crosses 7.2 Million
According to Chinese government data and Reuters, over 7.2 million homes are lying empty across China, signalling that its real estate sector is in crisis.
Source: news18.com
How many 'vacant homes' does China have right now?
China’s housing oversupply is far worse than previously reported, the country’s former statistics bureau deputy head says.
Source: fortune.com