Is Evergrande Really China’s Lehman Moment?
Capitalisn't
00:00
China Housing Prices Double in a Year
There was another big, gigantic wave of a housing price increasing right after the culvit when china contained the viras inn fairly successulway. It's like bigger cities, likea shencan, shanghai, paging, the housing price doubled again. 20 % of something, of the houses are sitting empty. How is it possible that house prices double in this contest? And number two, how can you assume that prices will not fall 20 percent of the housesare empty? I am not sure i will be able to convince you, just because there are many different moving parts around these typeov calculations.
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