China's Crazy Real Estate Market

The company itself has been very bullish and en said that, you know, they will come out of this dark period. The only question is not so much, will evergrand default or not? It's will the chinese government step in to prevent that from happening? Yes. But the back drop here is china's crazy real estate market. And can you explain ever grand to me and that context? So, yeve, for that winne, to go back to the late 19 nineties, which is when the communist party reformed the real estate market and made it possible for people to own their own homes. As tof 20 19, one of the most recent estimates, are