China’s economic crisis is getting WORSE (biggest housing crash in history)

I'm so tired of dealing with China the country and the CCP in particular. They wreaked havoc with their lab-created pandemic and killed a lot of people. Karma coming around.

I think that a person like Elon Mask should buy countries like China and redevelop the country into a new one with everything up to date whilst slowly making his trillions bigger than what they are allowing him to become a world saver with his fantastic ideas in every country

Its quite common in many countries for buyers to make a monthly payment towards a property purchase off the plan. Makes it much easier for the developer to help fund the construction, plus locks the buyer in as they have more to lose if they don't settle at the end. Problem starts, obviously when the confidence goes out of the market and they see developers start to struggle to complete projects, Then the house of cards starts to collapse, and then spreads across the sector. China certainly knows how to do things on a massive scale and their property schemes (scams?) have been rolled out on steroids. It was always going to eventually implode, and was just a matter of how long they could keep kicking the can down the road

Good on you. I like the observations.

In the Netherlands we have a shortage of homes, that in combination with ongoing immigration this is turning in a disaster. Looking at China I see thousands of empty homes. I suggest immigrants to head for China instead. They can help completing the homes in return for a home.

China is just going through growing pains. I would still bet on China's economy over the US. CHINA'S ECONOMY IS STILL EXPANDING, WHAT IS GOING ON HERE IN THE US? Every country has its ebbs and flows. Recession is going to happen regardless of where you are but I believe China will weather it better than US and Europe.

Corruption and greed is universal sad to say

They want the ordinary person in debt its a form of control. At the end of the day these people at the top of the lending chain never lose out. They dont lose their homes or their wealth its the ordinary people that do.

Look into chinas bullet train debt
Thats 10 times bigger than the real estate debt
When China goes broke so does the west
Then China will go back to a gold backed yuan to recover as the west collapses
Why you think chinas the biggest gold buyer
Its all part of the great global reset
Farewell global democracy
hello to global communism

Hello , I am not sure if you know this or not but you can't actually own a property in China. So saying buy is wrong. It's leasing. No one has brought any house. It's more like they are leasing the house. And when you understand this or say it. The entire narrative becomes false and that is why you are getting dislike because people probably things you just spread propoganda or lie. Maybe you don't. but I feel you should rephrase your words and this also questions if the evidence you are using is actually real. As I feel the translations are also wrong. It's very sad to see videos like this. China has real problems..every capitalist country does. But if we lie or just mislead,people in power abuses it. And real issues become void as they can say all is ok people are just liers and abuse it as much as they can.