China is unironically collapsing; its economy is deteriorating at the fastest rate possible:>China's real estate market has fallen to its lowest prices in 20 years and is projected to drop even further.
>>540122578Hah! You westoids think we lost but that just means housing is FIXED! Xi has fixed the housing crisis for China while the rest of you poors struggle to pay rent every month.The future is all China!(please don't point out that 90% of the Chinese population had 70% of their savings invested in the housing market and much of that was lost due to the crash thus our economy is in crisis).
>>540122833Bust out the anti suicide nets.
>>540122578This is a good thingUnless all of your capital is tied up in real estate, then its not so good
>>540122578>Zeihan was rightKEEEEEEK
Low house prices = prosperity and freedomHigh house prices = slaveryChina wins again. Communism is king.
>>540122578At least they can buy houses.
>>540122578why do you niggas hate chinese? you only export oil while my chinese brothers export tshirts and cheap auto parts
>>540123757>>Zeihan was rightNEVER
>>540122578You are just jealous the money that left Dubai after the first drone is all in Hong Kong right now
>>540123839China is an evil shithole
>>540122833Sorry Wang but houses are for living in not investing
>>540123902>UAE is more evil>USA is most evilYou faggots shouldn't moralnigger because you lose by default
>>540123926Sadly they were largely used for investing and not living thus why most chinese people lost their savings and the economy is grinding to a halt.Many homes were built with such poor quality that they can't even be lived in because it was just a ponzi scheme and super bubble. It was never intended for people to actually live in them.
>>540122578Despite this the Yuan is getting stronger though, all it means is China can't cheat the global banking system as it attempts to globalize use of the Yuan. It also mean the USA can't cheap out with Chinese goods anymore, hence why India is a thing right now. The jig is up for everybody.
>>540123926Take it easy with the antisemitic remarks
>>540122833>Lost their savingsSo what? Like, yea, that sucks. How does it affect the economy though?
>cheap housing is badOnly for old people. Young people who are looking to start families benefit from cheap housing. And so do people who want a second home for vacationing in. Imagine saying>if housing prices go down, then homeowners will sufferWhen 80% of young men can’t afford a home due to them being too expensive?Go FUCK YOURSELVES boomers. Ask your wealth should be confiscated and given to the youth who are the future of this country, as a consequence for robbing them of the American dream
>>540124053Why would the economy grind to halt? Genuinely curious.
>>540124091If you lost your livelihood needed to retire in lou of pension system or retirement fund, how would you react? When people lose their capital, how do they engage in business and investments that drive business?
As opposed to the blessing of overinflating residential prices in the US right now
>>540124053>>540124181>be living in a house>the housing market booms>suddenly this magically allows you to retire somehowThat’s not how it works. Now stop hoarding the housing supply and making it inaccessible for younger people you old fart
>>540124260>buy house for 100K today>sell house for 1,000,000 later>retire off profitsdummy it aint hard. fuckers do it all over the world.
>>540124181I don't think this will affect investments in other sectors. If everyone was investing solely in real estate, they were already untrusting of other investments. Chinese will keep saving a big part of their incomes and if they just leave it in the bank and don't invest, just means the bank can lend more, no?
>>540124398>buy house for $100k>sell house for $1m>cant retire because all the other houses now cost $1m tooExcellent plan, retard
>>540124464>doesn't know they move back to rural areas to retire away from the cityyou're just coping for any excuse to deflect from the truth that your ccp real estate bubble popped and left you changs in economic shambles
>>540122578Meanwhile in Norway houses will at the current rate reach a price of 25 million dollars each in two generations.
>>540124054Nobody in Chinkistan uses yuan though, it's all Alipay. Their money is all virtual currency. Might as well invest in World of Warcraft gold.
>>540124541For the average Chinese person this is a good thing housing should not be treated as a speculative asset to make gigantic profits wish we had a housing crash sooner
>>540124019Like i care what some dipshit far left zoomer eurotrash faggot has to say.You losers dont matter at all
>>540123537Spoilers: All of their capital is tied up in real estate. The CCP used low interest rate loans to finance massive real estate development orders of magnitude more than the demand to artificially prop up their economy. What China has done makes the 2008 recession look like a minor blip.
>>540124541The only way for housing to act as a retirement plan is if housing consistently rises faster than the rest of the economy and outpaces inflation, forever. That’s not only unsustainable, it’s downright impossible without massive amounts of money printing and market manipulation. And it is much, much worse for the future of the economy than simply allowing the market to correct and find its natural level
>>540122578If you weird niggers keep opening a thread about China collapsing every day, one day it’ll be true.
>china is collapsing holy shit its collapsing>housing is just affordablemiggies are desperate
>>540124662This, most people there have invested heavily into real estate as well.So everyone is losing their hat.
>>540124588>Alipay created in China>Yuan the most used currency on AlipayAnon...
>>540124660Why so mad rustbeltoid?
>>540124554what if i dont live in an oil state that lives off blackrock
>>540124717401ks can't divest fast enough without crashing the market, it was the primary investment strategy for both businesses and individuals in China.
“Communist” China;>let the market correct, the free economy will sort things out“Capitalist” America:>we cannot allow the line to go down. Quick, print more money, do some bailouts and government intervention at the expense of the working class to keep investors from losing
>>540122578Two more weeks
>>540124662>The productive engine of the world that makes virtually everything is worse off with cheaper housing for the average personGoods and production are more valuable then financial fiat instruments one is real the other is just the representative of fiat fiction (still important but tangible reality trumps fiction every time)
>>540125200>the single source of personal wealth for 1.3 billion people vanished>this is a good thingWEF, is that you?
>>540124925More like Lobbyist America, we haven't been capitalist since the early 1900s. The FED was created to bail out lobbyists with tax dollars, not provide national stability.
>>540122578>unironically collapsingThis collapse was initiated by their own govt in 2020 you gayrab mongrel. All that debt is own by the state so nothing is happening to them.
>>540125419China's real estate sector and its broader affiliate industries have shrunk sharply, dropping from a peak contribution of roughly 24% to 25% of total GDP down to about 12% to 19% (with real estate alone accounting for roughly 6% of GDP) as the market undergoes a prolonged structural correctionThey will be fine>NOOOO YOU CANT LET THE MARKET CORRECT ITSELF They are unironically more free market then the US.
CHINA BIG, GONNA WIN
>>540125460>real capitalism hasn't been tried
>>540122578>housing price going downHo, no. How horrible...I wish it was me.
>>540122578? affordable home prices is a bad thing?
>>540122578Vast areas of China had massive rainstorms this past month, whole towns were washed away, 100 year old dirt dams breached, and there seems to be a bunch of factory fires. Possible arson by disgruntled employees who have not been paid for months.[ https://www.youtube.com/watch?v=gsvMW0WxekA ][ https://www.youtube.com/watch?v=Rt1nXWsJNqc ]
>>540124091>How does it affect the economy though?It's no wonder your country's economy is in shambles, Joao.If an asset loses value, its owners suffer enormous losses. For decades, most Chinese families have invested their life savings in apartments because they saw it as one of the few ways to preserve and grow their wealth, given that interest rates on bank deposits are minimal. Now, hundreds of millions of people will be left with nothing because their assets are worth less than when they bought them.This is why China's economy is doomed in the long term. It was also already known that the CCP bureaucrats were manipulating their GDP numbers. You can read many articles in The Economist proving that. Now, EVERYONE knows it's true.
>>540127646
>>540126299>NOOOO YOU CANT LET THE MARKET CORRECT ITSELFExcept it's not correcting itself, it's correcting the wild experiment of the communist regime that ordered the construction of more housing than the market ever demanded. This correction is occurring at the cost of hundreds of millions of ordinary Chinese people. This will probably be an even worse crisis than the one that followed the Great Leap Forward, maybe they won't go hungry this time, but they're definitely going to lose most of their money. Meanwhile, the CCP kingpins and Xi's oligarch friends will continue living as if nothing has happened. In the end, however, this will inevitably cause the collapse of the economy and the incompetent communist regime.
>>540122833I will move to China and become a nigger there. Problems chang?
>>540123896wtf deej is doing pixel art now?
>UAE flagits probably Indian pajjeet posting from the appartment where he lives with 10 pajeets in one room without air conditioner.
>>540128162Money frozen into real estate is money not circulating into the economy. Their homes may lose value but they will still have 4 walls and a roof above their heads. It will cause short term uncertainty resulting in lower domestic spending for a while but will ultimately result in all new home owners now having large amounts of extra disposable income. Not only that but it's also extremely common for Chinese people to rely on financial help from their families (>70%) when buying their first homes. That's also money being freed from the shackles of real estate.
>>540129094>but will ultimately result in all new home owners now having large amounts of extra disposable income.Which new homeowners, lol?Not with a demographic pyramid like this one.
>>540122578I should move there at least I could afford a house. Since the only thing Zognold care about is bombing white people in Iran for Israel.
>>540122833Retards will still claim it's 5D quantum chess from Xi because of the meme "not for speculation" discourse (never mind that speech was from ten years ago, apparently it took 6 years to take effect!)
>>540129411>that sex ratio in the youthEven if you somehow obtained state enforced monogamy (they won't, it is a feminist hell in all that matters despite not being much into politics, with the average woman having a couple of abortions), 15% of Chinese men would still be an incompressible incel/cuck class.
>>540122578>two more weeks till chink collapse!Kek. I’ve been hearing this since my first memories in the early 90’s. Every year we just get weaker, more replacements, gayer, fatter, more poor, drugged up and stupid. Every year the chinks get stronger and better.
>>540130435>Retards will still claim it's 5D quantum chess from XiAs long as they keep undeniably winning and displacing globohomo everywhere in the world, people will understandably assume that’s the case anon. Because it is, Xi is getting results. We just got another gay losing war for jews after explicitly voting against it, and more anti-White male shitskin replacements garbage. It’s unironically over.
Investing in real estate should be banned. It's jewish.China good.
>>540122578house prices going down is a good thing.
China beats america.
>>540131539Not for jews.
Chink strong.
>>540125419Realestate isn't wealth. A house is a house no matter what it's speculative value is. Chinese people do not need to sell their houses to retire. Their actual source of wealth is their real production of goods not imaginary or speculative bubbles.
>>540136126>Realestate isn't wealthIt is(was) in China.>A house is a house no matter what it's speculative value isCorrect, but if a group of people invested in the building of it with the hopes of renting or leasing the space, and it sits empty, they basically threw their money away.>Chinese people do not need to sell their houses to retireWell, they can't, because they're upside down now, they owe more than it's worth.>Their actual source of wealth is their real production of goods not imaginary or speculative bubblesYou're not allowed to say that in China, you'll get thrown in jail for talking bad about their supreme leader and his infallable foresight.
Am I the only one that finds it incredibly humurous that the easiest solution for China's collapsing real estate market is to import millions of poos and niggers?
>>540122833>Invested in housing marketChina has the right idea by trending this type of investing for its people to follow blindly .Once the money is invested, the market crashes and the money disappears.This is the best possible way to correct inflation. Literally deleting inflation.
>>540122578What would I give for 2005 prices here.
>>540125200China just printed more houses.
>>540128367>losing money is worse than starving to deathwhat is wrong with semitic brains?
>>540128367>Built more than needed.It's basically their bridge to nowhere.Infrastructure and housing etc contribute to GDP, allowing China to continue borrowing at unsustainable rates.They literally think this is a global war of attrition where he whomst borrows most and collapses last, wins.
>>540122578>>540122833>>540122911>>540123757>source: ameriniggers>it was real in my muttnigger mind>its another obvious muttnigger samefag thead
>>540122578Real estate collapse is great for society.
>>540128367>modern chink>commieIt's confirmed this is an israeli jew diasporatranny
>>540122578>the houses are so cheap people will use them to >what about the poor shareholders!?
>>540122578> China is unironically collapsingTwo more weeks
>>540122578Good. Everyone who benefited from whites: kikes, chinks, pajeets, sandniggers, niggers and spics deserve to collapse with us.
>>540138522Yup. It works over the short term, but it's almost a ponzi scheme. Big GDP, for better and for worse, gives offshore investors the impression of huge growth. That generates excitement, which creates an inflow of foreign (real) money. China has been gambling can it can use fake growth to generate real excitement for long enough that investment in certain sectors will eventually take over. Fake it til you make it. It's been successful, to be fair. Chinese manufacturing is a real sector. Obviously, their dedication to rare earth minerals and their refinement, combined with a willingness to accept environmental degradation, has essentially cornered that market for now. Subsidies in EVs have made Chinese cars extremely successful in certain non-American markets. But there's still a lot of fake work getting counted in their GDP -- empty, high tech trains running between economically unrelated cities with stopovers in ghost cities; concrete with styrofoam rebar, or styrofoam concrete with rebar; bridges to nowhere, like you mentioned... and obviously houses that will likely always be empty built simply because Chinese retail has literally no other store of value. All the real, accurate data is private, too. Western economists can infer and deduce based on objectively verifiable data at e.g. ports of entry, but only China truly knows what's economically going on with China.
>>540122578>affordable housing means economic collapse goy!!!!!!!!!!1Russian joke from the 90s: what has capitalism achieved in one year that communism couldn't do in 70 years? Make communism look like a good system
>>540129040Its just the usual Amerimutt shills on their usual VPN farms reposting the same butthurt muttnigger cope over and over again, they posted this same thread at least a dozen times alreadymuttniggers will unironically claim some 5% price swings collapsed china to cope with Chinas government preventing a real bubble from ever forming in first place while muttoid bugmen kept screeching and cheering in hopes their imagination would pop, all while at the same time 90% of the amerimutt population has actually lost 70% of their savings to the orange niggers inflation
>>540123537Does this stop them from making everything? Do the buildings disappear? Outside of a shit load of people being poor now, what happens?
>>540138932I think their $1.2 trillion trade surplus attracts all the investors they need, China is a net investor too so I think this is just mutt cope
>>540138932Very suscinct. Their population is also vastly overstated. >>540139033The buildings end up decrepit, but that isn't the real issue. The real issue is growing lack of trust from foriegn investment, which kills their carry trade, and then they have useless currency (the Yuan) that nobody outside of the country wants. Know what happens next?>>540139097See above.
>>540122578
>>540130435Xi was the one who deliberately engineered the housing market collapse. He did it because speculators refused to listen when he said houses are not for speculation; it was necessary to burn them.https://en.wikipedia.org/wiki/Three_red_lines
>>540122578Collapsing? Because it lost like 25% of its value? Meanwhile in my shithole country houses have nearly tripled from 15 years ago at a pace that far outranks any economic or wage growth and young people can't afford to buy a home and start a family so they're emigrating. Clearly you don't realize the economic damage of >houses go upuntil it irrevocably fucks up an entire generation. But keep complaining sandnigger, maybe when your housing goes up value and you need to import 20% of your workforce because everyone born in your country is leaving and you're getting brain drained, you'll learn which is more beneficial to your economy, inflation or deflation of an illiquid, unproductive asset.
>>540139687Xi the pooh is based,Trump is shitty.
>>540140050https://www.investopedia.com/terms/p/piigs.asp
Learn about china here:https://executiveconcern.substack.com/p/celestial-empire-5dd
>>540140255>https://www.investopedia.com/terms/p/piigs.aspWhat the fuck is your point? Greece collapsed even worse than us and their house prices haven't got tits up. I don't think even Ireland, with all the GDP and wage growth they've had for the past 15 years has managed to fuck up this badly their housing market. They've build at the same pace as us with half the population.
>>540122833>pls dont point out that we got fucked over harder than you ever willwhat a surprise.
>>540122578Real estate crashes are great for anyone that isn’t a house hoarding, rent-seeking parasite.
>>540140748Each country handled it differently, and had their own unique problems. Greek bonds, Irish tax laws, Italian mafia, etc. Spain and Portugal both took a very hard hit, hell Top Gear did an episode during this period in Spain I think it was, and they were basically in a ghost city the likes of which China has, but unlike China, you guys actually have standards. You guys recovered eventually, and basically because you managed it so well, you attracted more and more outside investment. Your location is also very attractive as you have a lot of coast line and good food. Think of it like Singapore or Dubai, and how they grew so fast. Economics is a series of cycles, caused by speculation and policy changes, friends and foes, and the constant greed that is inherent in everyone.
>>540141014>Real estate crashes are great for anyone that isn’t a house hoarding, rent-seeking parasite.Which is what the Chinese are...
Remember when china said houses are for living in and not for speculation then spent the next 20 years speculating on house prices?I remember :^)
>>540141014Problem is, most of everyones retirement funds are tied to real estate because their stock markets are a joke
>>540124053They just assumed it was a free money glitch. They all behaved as if it was a guaranteed return on investment. When the entire fucking country believes this of course it's going to come crashing down lmao!>hurr durr china has an average IQ of 105!lollmaoroflroflmao
>>540122578Trump > China
Haven't you lot been saying this for the past 20-25 years now? So when exactly is it gonna collapse?
>>540141061The thing everyone seems to forget is that they did the exact same thing in Australia and Canada, two countries that welcomed new citizens with open arms to 'boost' their economies. The obvious thing to do if you're Chinese and you live in either of those countries, is wait for the collapse of China, then go back and buy everything for cheap, and let the country you inflated collapse in your wake.
>>540141107In the US a bunch of states tied retirement funds to abominable intelligence data center build ups. When that bubble pops so goes those retirement funds too.
>>540141147Yeah the chinks fucked the canucks out of their own houses with their speculating too. It's fucking gruesome, globohomo is a crime against humanity, especially the west. All it did was redistribute our wealth to the turd worlders.
>>540122578the crash of USA real estate prices will be biblical
>>540122578China as it is now is unsustainable.>house prices declining>government getting more corrupt by the minute and grow ever more inefficient.>technologically falling behind in all sectors >demographic collapse as it has the strictest immigration laws in the world which basically means they're committing ecnomic suicide as their population grows old>genociding their minority population (Uyghurs) which is worsening their labor demographics even furtherMeanwhile they are are still overbuilding everything to save face. They are going though the biggest deflationary death spiral in human history. Literally the only thing going up in price since 2023 has been GPU and RAM prices and even that has been moderate compared to the rest of the world. Everything else has nosedived in price and the prices keep going down and down even in 2026. This can't go on forever. We're looking at an economical collapse that will make the great depression and the Japanese asset bubble look like a walk in the park.The problem is OVERCAPACITY. Last year, over half of global electricity demand growth came from China. That means they are industrializing faster than all other countries combined. This sounds good right? Wrong. It means that China has built production and industrial capacity for many products far beyond domestic demand. The result is falling prices, deflation and ultimately: collapse.Their GDP growth rate is likely to go negative next year.
>>540141061If you leave the door open, people are gonna walk through it.Say a couple of Benji's were on the ground at a bus stop with nobody around, you'd take them wouldn't you, even if you knew they weren't yours or you shouldn't be taking them.