Realistically, how do you recover from this?
>>61241674OMG IT WENT DOWN 2% THIS IS THE COLLAPSE OF CHINA
>>61241674they had an oversupply before covid. complete ghost towns
>>61241674Unironically import millions of immigrants from Africa and India
>>61241674Why do you want to recover? It stabilised. If it's too expensive, we need more red.Oh, you thought you'd buy high sell higher? "He boggght? Dùmp it." Don't be a moron and buy an overpriced illiquid asset for a profit. Moron.
>>61241674china has affordable housing? oh no. how can it survive
>>61241674By having a growing population, it naturally fixes itself. Luckily for the Chinese it's still 1980 and they have an above-replacement fertility rate, if the current year were 2025 they might be in trouble.
>>61241674IMAGINE INVESTING IN CHINESE REAL ESTATE AND THINKING THAT'S A GOOD IDEA OMEGALULalso this fuck retards that invest in real estate buy bitcoin >>61242367
>>61242400Good analogy anon. I have visited China twice for work now and it does feel their 1980s boom years.
>>61241674you wait about 50 years or so.
>overreliance on importing energy and food>overreliance on america as their customer>demographics of partnerless angry young men>extreme authoritarianism during covidchyna numba wan my guise
"Houses are for living not for speculation."
>>61242367Where the fuck did you retard get the idea that China has affordable housing???Chinese real estate prices would still have to halve just to reach the same level if affordability that is in the US, which I would not call affordable.
>>61241674>Realistically, how do you recover from this?Force everyone to make 5 kids minimum, then wait 25 years.
Won't anyone PLEASE think of the real estate investors!!
>>61241674They already recovered
>>61242400>Luckily for the Chinese it's still 1980 and they have an above-replacement fertility rateAbove replacement is 2.1, just saying
>>61244065because 70ish% of their population owns homes... I wonder what American's % is?
>>61243662>>61244200I don't think you guys realize how facetious I was being with that comment.
>>61243697You know what, I have no problem with china being authoritarian because at the end of the day you know their government has the best interests of the chinese people at heart. Unlike western governments which have the best interests of israel and african/indian migrants at heart.
>>61244296i didnt know China had their own version of JIDF
>>61241674wait... doesn't that just mean they built enough housing to meet supply....?the chart reads>price of homes was rising quickly (under supply)>then less quickly>then was dropping (over supply)>then was staticthis is exactly what it would look like in the USA if there was any effort to fix the supposed "housing crisis"
