Why China's Real Estate Market is about to COLLAPSE!

Theyre infrastructure is really bad too. Buildings will just randomly collapse. Pipes burst. Similar to Dubai but worse.

China building all this and people can’t even afford to live in them so what’s the point

Yes but USA is sinking with $us35T dollars in debt.

The ghost cities weren't mentioned. Everything else mentioned is already known to us cause we watch these videos. 12 tall unfinished apt complexes? Is that like losing money at cards so you decide to play 5 hands at once instead of one to cover your losses? I gave a longer reply elsewhere here, BUT, there is an emerging item in the US. Remember 2008 and the bail out of Fanny Mac and fanny May? There is a new push to increase first time home buyers via Federal Tax Credits. Our politicians are better than the CCP Mob control but they spend too much effort on stupid items in Washington DC. And we waste too much money. Look at Internet Scams and theft. Computers and bad programmers.

Yet you’ll find bots talking about “Americans can’t even buy a house” which is a lie and also doesn’t equate at all to what’s going on in China. But Russian and Chinese bots only have whataboutism as a tactic and they can’t even use it efficiently.

The idea that China will have anything but a hard landing is rooted in complete delusion. China built more houses than people meaning many of those houses are legitimately worthless. Add to that the fact that anything built in the Xi era is likely to fall down within 50 years and it's a complete disaster.

Sad but America housing crash is next. The reason is super speculation with low rates pumping the price to the sky.

Thy Will Be Done

This is indicative of the main problem in china - communism. there is so much corruption, so much lying, so much stealing, that any big construction project is almost impossible. even if it does get built, it will be built with cheap parts and corners cut. the CCP ruins everything.

this is a big problem. china isnt the US. unlike here where most wealth is in the stock market, in china its in real estate. thats where chinese hold their money. so if the real estate market fails there, it is orders of magnitude worse than somewhere else.

I’m pretty sure humanity builds tunnels because we can’t physically move mountains, CCP be like nah we can try!

A combination of self-serving and unscrupulous method, lack of strategic thinking, short-sightedness, charging blindly ahead to earn as much money as possible caused all this. The developers who caused all this problem don't deserve to be pitied. But pity all the homebuyers. They have no homes but the money they paid to purchase the property are as good as gone.

No wonder China has a housing crisis, they barely feed themselves.

I do not think that a further decline of China would trigger a severe cut in GDP in Western Countries. There is a piled up demand for affordable living room in Europe and the US. The commodity prices were just too high due to China‘s artificially boosted demand in their real estate sector. We will see a rebalancing of the economy and especially real estate. You should just not put too much of your money in Office spaces (Home Office) or commercial projects (online shopping). The trend is your friend.

There was NO national system for the housing markets. One province got over 2.3 billion bedroom. A lot of them weren't even finished.

Consider this: the number of homes waiting to be completed is just the tip of the iceberg. There is enough ALREADY COMPLETED apartments to house the entire world’s population.

Now consider that China population is collapsing faster than any other population in history Thanksgiving to the one child policy. The birth rate is below 1. Replacement rate is 2.1. So there is a historic collapsing population at the same time as a historic oversupply.

This market is going to drop 99%

I can't stand the music in the back round in this video. Turn it off or turn it way down.

As someone mentioned "heads may roll...and in China that might not be just a metaphor".

I do not believe the claim made by China that it experienced 5 percent GDP growth during 2023. If anything, they are experiencing GDP erosion.

Sad for them

😂🤣🤣😅😆The Odysseus landed on the moon 😂🤣🤣😅😆😅UPSIDE DOWN 😆😆🤣😂😂🤣😅😅😅😜🤪

Financial warfare is more complex

fucking hell, i just couldnt listen to this, the background music just made it fucking impossible.

So all this videos are useless let me just tell everyone. Yes there is always some corruption. But Chinese government wants property prices to collapse to give ppl a break and increase population this was in their agenda. However they go about it. More will probably happen.

❤️🇨🇳

The irony is CCP always worry about freedom of speech and expression could destabilized the country. It turned out it was the billionaires and local officials whose did just that.

china is over

It’s so interesting to watch what’s going on with China’s housing market!

Background music distracting

And it's all sitting there, depreciating away . . . .

The CCP saw the potential of this trend to cause a housing bubble and thought they could prevent it by limiting the amount developers could borrow.

Ironically this began the very thing they were worried about.

what kind of memo is that?
for the sake of some badly done economic indicator?
the great famine have you not learn from any of it?
SE as in we put sense into our intellectual capability and not meanly to serve the mere 5 senses

One of the worst aspects of the Chinese system is that even customers that purchase these properties are not actually buying the properties! The CCP own EVERYTHING, including the property. They are purchasing the permission to lease it for a time, 100 years or so. To people in a free system this is mind-bending kinds of ridiculous. When I am done with my mortgage and own title I expect that I OWN what I paid for forever unless I sell it or leave it to someone else.

Free market economics have their problems, but the Chinese model is just trash. Bailing themselves out by printing currency endlessly is just asking for an incredible implosion as well.

Thanks for your great skills.

If there is more houses then people's need, it's not a crisis, on the other hand if there is not enough houses for people than it is a crisis. America is in a housing crisis for sometime.

This is old news... LAST YEAR'S NEWS.

The voice👎

If foreign investors get screwed it is are fault because of lack of do delligence due to the lack of clarity in Chinese books because they have never been solvent and the government hides the true magnitude of the problems .

No mention of the Chinese tofu dregs apartment and business buildingd ort thr Chinese ghost cities that are uninhabitable?

The predictions of hitting the US economy are overblown. Our exposure to China is limited and the percentage of our GDP tied to foreign trade is among the lowest in the world. Germany, Australia, Brazil and New Zealand will all have a much tougher time dealing with China’s downfall.

not true thought because vietnam, thailand and taiwan exist

Chinas economy r decreasing , government created a smoke screen to blinded the true situation, but people r crying for jobs & food. China problem r increasing soon china will face its own karma. The division ot its provonces, taiwan, hongkong & macau r the first, many will follows

It’s more than that. You are assuming the quality of the buildings is the same as in US. It’s not. These building are built with cheap metal and concrete cut with sawdust. These buildings are literally falling apart. Within 10 years they will collapse to dust.

The title is clickbait. This video didnt share anything that was updated in the past 5 months

Good video. However, it must be said that macroeconomists do NOT agree that China's economic meltdown will cause much if any overall harm to the rest of the world. First, China's economy is only around half as big as China says it is. For that reason alone China's economic woes affect the rest of the world less than people think. Second, due to the balance of payments between China and nations that have a trade deficit with China (i.e., most nations) will lose little as China's growth falls. Some will benefit. To be sure, nations that heavily export commodities will lose -- as will some of China's neighbors. But, again, some nations will gain. As for the US, the macroeconomists that I listen to -- the ones who really know China -- say that, as China's growth falls the US either benefits slightly or that it's more or less a wash. As for the world economy as a whole (minus China's), it's simply not clear whether China's slowdown results in net benefit or net loss overall. Note, however, that these macroeconomists don't consider the costs that China imposes on the world through its cheating, plundering, and vandalism, that is, the costs attributable to China's IP theft, unfair competition, espionage, cyber warfare, economic and political coercion, land grabs, disinformation campaigns, threats of military force and the resulting increases in defense spending among threatened nations, and myriad other ways in which China abuses its power and subverts the liberal order. (By liberal order is meant the globalized rules, agreements and customs designed to prevent strong countries from imposing their will on weak countries and to ensure basic fairness among nations through equal treatment under equal circumstances.) If macroeconomists did include all of these imposed costs in their calculations, it would then be clear to them that, as China's economy suffers, the world outside China benefits overall.

It’s irritating that your video titles express some breaking news, but then the vast majority of the video is some lengthy history lesson.

CITIES EXIST FOR THEIR FUNCTION
The decline and adverse market conditions occur all over the world without exception. This does not reflect bad management of the CCP except for one ignorant of allowing the residential to be run by uncontrolled greed by developers and local state government as everybody was in the frenzy of making money. Or much to say, the worship of the Money God. China was still an infant in the commercial world. Both developers and consumers are trapped.

Yet the rule of commerce on property purchase had been there in human civilization in terms of progress payment, where the Developers must be made accountable for the delivery of the final goods. There is no commercial justice in demanding advance payment.
Those who develop must have the initial capital and must be covered by the Banker Guarantee even before the start of projects. Thus Ponzy finance is legally impossible.

The insulation against failure must be covered by the capital input of the Developer and not the consumer, so no advance payment is justified.
The second failure is because cities can only be built for the economic functions of the region and must not be treated as an investment.

That is to say, Cities exist for the function they serve.
Thus residential development must be co-ordinated with the economic development it is designed to serve.

The government has all the means and obligations to approve or not approve the construction of cities in terms of needs and necessity.
There is obviously no cost-benefit analysis. Just profit analysis.
This obviously shows that there are no Urban Development principles or human expertise in the entire building industry. There is no Urban Development Department in China
There is no statistic body to ensure there is no overbuild and economically feasible. In fact every district and council must have urban planner in place.
All physical development and in reality, all commerce activities are controlled by the invisible arms of mathematics.
This brings us to the entire discipline of Urban Planning.
This oversight is no small matter as it will reverberate throughout the nation of period over 50 years before recovery is possible over the damages it has cost.

China Xi Jinping Winnie The POOH needs to step down. CCP bank high level officer corruption and Evergreen went to bed with each other. Clawback money from them and not exploit the common netizens.