World News@lemmy.worldEnglish · 4 months ago

China's Housing Crash Just Wiped Out 20 Years of Price Growth

thedeepdive.ca

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China's Housing Crash Just Wiped Out 20 Years of Price Growth

thedeepdive.ca

return2ozma@lemmy.world to

World News@lemmy.worldEnglish · 4 months ago

114

China's Housing Crash Just Wiped Out 20 Years of Price Growth | the deep dive

thedeepdive.ca

Inflation-adjusted home prices in China have fallen below where they started two decades ago, and the fiscal fallout is hitting local governments even harder than developers.

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timochka@lemmy.zip
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- Buffalox@lemmy.world
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  4 months ago
  They still lose their savings, so not that much better.
  - timochka@lemmy.zip
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      OK good point.

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