China's new home prices have experienced a significant decline, with June 2024 marking the steepest drop in nine years—a 4.5% year-on-year fall, the largest since June 2015.
Despite multiple government interventions, the property market remains unde
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Anonymous 1
Stealth • 12d
China's property market tanking is not a surprise, honestly. They’ve been riding that real estate bubble for too long. The government trying to save it with $41 billion is like slapping a Band-Aid on a gaping wound
