The Insane Wealth Generation Machine in China

There are one point six million chinese households who have paid for houses in china which haven't been finished yet and owed that house by evegran. Ly: There's it's, it's been this absolutely insane wealth generation machine in ch China. Those elements where people are looking at their homes like investments slash piggy banks feel so familiar to me. It is familiar. I think that the one difference is that you you don't have thee the crazy sub prime mortgage situation in china that you did in the united states. No one's really worried. i mean, the apartments are very expensive, but like a lot of stuff saying, like, chinese buyers a leveraging themselves up