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Chinese homeowners boycotting mortgage payments as economy sinks - Vimarsana News

Chinese homeowners boycotting mortgage payments as economy sinks

For decades, buying property was considered a safe investment in China. Now real estate has become a source of discontent and anger.

Chinese homeowners boycotting mortgage payments as economy sinks - Vimarsana News

Chinese homeowners boycotting mortgage payments as economy sinks

For decades, buying property was considered a safe investment in China. Now real estate has become a source of discontent and anger.

Chinese homeowners boycotting mortgage payments as economy sinks - Vimarsana News

Chinese homeowners boycotting mortgage payments as economy sinks

For decades, buying property was considered a safe investment in China. Now real estate has become a source of discontent and anger.

Chinese homeowners boycotting mortgage payments as economy sinks - Vimarsana News

Chinese homeowners boycotting mortgage payments as economy sinks

For decades, buying property was considered a safe investment in China. Now real estate has become a source of discontent and anger.

Source: smh.com.au
Real Estate Crisis Is at the Heart of China's Economic Troubles - Vimarsana News

Real Estate Crisis Is at the Heart of China's Economic Troubles

In a rare act of defiance, people across the country who bought property from indebted developers are refusing to repay loans on their unfinished apartments.