1093 sats \ 2 replies \ @MerryOscar 8 Dec 2023 \ on: China: Real Estate Still Crashing econ
I read this very interesting article the other day which is related:
Forest City: Inside Malaysia's Chinese-built 'ghost city' - https://www.bbc.co.uk/news/business-67610677
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1 sat \ 0 replies \ @endothermicdev 8 Dec 2023
That's so wild! Imagine a $100 billion "oops, there's no actual demand." But apparently that's exactly what can happen when housing units become the monetary units.
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0 sats \ 0 replies \ @TomK OP 8 Dec 2023
Interesting. Thank You
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