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Sure, to some of that - but China’s real estate market is simply vast, at one estimate over 50 trillion dollars’ worth - and individual wealth in China is heavily tied to RE. If that bubble pops, it’s not just the investors who will be up in arms.
Sure, to some of that - but China’s real estate market is simply vast, at one estimate over 50 trillion dollars’ worth - and individual wealth in China is heavily tied to RE. If that bubble pops, it’s not just the investors who will be up in arms.