Real Estate and Debt in China: One Road to Discontent
Feb. 16, 2017 China is walking a fine line to avoid a housing market crash.
Surging real estate prices fueled by ongoing credit expansion are forcing the Chinese government to choose between deflating the housing market and slowing growth. None of its options are ideal as they all present consequences that will further strain some aspect of the Chinese economy and, therefore, the stability of the country’s political system. To understand the tradeoffs the government faces, and the potential fallout from any missteps, this Deep Dive will examine the interrelation between the real estate market and GDP gro...
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