st0v

The real estate market doesn’t account for 30% of the economy. Though I suppose there’s a bunch of way to measure “the economy”.

There is pent up demand for housing yet property marketing is dropping. Actually it may have bottomed out but who knows. Beijing wants to correct it and that’s what’s been happening.

I have property in tier 1 and tier 2, it dropped to pre covid levels. I wasn’t doing property for quick flips but I definitely noticed it.

The scars of covid are everywhere in China just like most countries. its going to take a while for it to recover. just like everywhere else.

China collapse remains a click bait dream for the time being if you ask me.

China opened up long before the soviet union collapsed. that’s just wrong.

like 20 years wrong. You really need to do some reading chief.