Kasandras Beware - China's Economy Will Not Hit A Wall
Kasandras Beware - China's Economy Will Not Hit A Wall
www.moonofalabama.org /2023/09/kasandras-beware-china-will-not-hit-the-wall.html
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He is unperturbed by the prospect of real estate losing value, since he bought his house to live in, and doesn't intend to resell it.
Based average Chinese consumer
Imagine that. Imagine living in a country where people buy houses to live in, instead of as investments so they can charge people more than half their income every week just so they have a roof over their head.
Must be nice.