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/biz/ - Business & Finance

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49866481 No.49866481 [Reply] [Original]

>"In April and May, new home prices fell in more than half of China’s 70 biggest cities"

Line only go up, heh?
https://archive
.ph/LEUoC

>> No.49866592

>>49866481
It's simple the demand is decreasing, their population is gonna crash.

>> No.49866716

How fucked is China?

>> No.49866726

who the fuck would want to buy property in China
80% of all their ground water sources are contaminated with industrial waste, dogshit country

>> No.49866730
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49866730

>>49866481
>>49866592
>>49866716

It's time to feast.

>> No.49866752

>>49866481
go figure. non-chinese can't enter and expats living there only get limited visa time. lockdowns etc. do you think anyone want's to invest in property NOW?

>> No.49866753

Real estate is their biggest domestic market. They gonna have to devalue their currency even more so westerners keep buying shot from them...good times for dropshippers and Chinese factory owners

>> No.49866776

>>49866481
Maybe because the property market in China is mostly ghost cities. China actually has an oversupply of housing for price to actually fall, unlike every other country where housing supply is an ever-present problem.

>> No.49866781

>>49866481
What to short for us to profit?
Short their currency?

>> No.49866789

>>49866752
The only thing they can invest in is property. All other stuff is banned or government owned so their stock market is trash. They have ghost towns which only exist so people can buy properties...talkin about herd mentality

>> No.49866827

>>49866481
>China finna be building entire ghost towns despite China being the most rapidly aging population on the globe.

>> No.49866837

Who the fuck would want to buy a chinese apartment made out of chopsticks and paper mache?

>> No.49866840

>>49866776
Best thing is rents are cheap as hell so the don't even generate cash flow... And they make fun of us gambling on shitcoins

>> No.49866864

>>49866781
>Short their currency?
unlike the US they have full control over their currency. I'd not short it.

>>49866789
I was there in 2011 und 2013. beautiful cities, shanghai was the best. would've moved there if covid didn't happen. almost every expat was buying flats there. I guess with a 6 month visa renewal despite living there for many years people will think twice when it comes to buying property there.

>> No.49866932

>>49866481
>people can afford to buy houses in china
>end of the world
if i shook your head it would sound like a fucking coin purse

>> No.49866985
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49866985

>>49866481
And that's a good thing.

>> No.49868247

>>49866481
how do we buy chinese property?