5min chapter

The Mindvalley Podcast cover image

A Beginner’s Guide to Creating Passive Income - Jaspreet Singh

The Mindvalley Podcast

CHAPTER

The Chinese Real Estate Bubble Is Bursting

In Europe, energy prices are up 600% from one year ago. China is facing a severe economic slowdown because of their real estate market. The way that the Chinese real estate market works is very different than the U.S. Real estate in China is a third of their GDP and 70% of people's wealth is saved in real estate. Drip investing is now when you find a good investment that you like, you buy it in phases on the way down.

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