1
How bad is the #realestatemarket in #CCPChina? See this building in #Foshan city, #Guangdong Province. The red signs either say "Low price for sale" or "urgent sale". Who dares to buy?
2
A "perfect storm" is forming that is shaking up China's real estate and financial system.
Now owners of over 200 "rotten tail/unfinished projects" have declared that they will stop paying the mortgage.
#CCP #CCPChina #realestatemarket