The bigger the boom, the deeper and longer the bust. After two decades of runaway growth, by 2020, China’s real estate bubble had pushed home prices to more than 17 times the average salaries.
A perfect storm drove the boom, including reforms in…
The bigger the boom, the deeper and longer the bust. After two decades of runaway growth, by 2020, China’s real estate bubble had pushed home prices to more than 17 times the average salaries.
A perfect storm drove the boom, including reforms in…