Opinion: The ripple effect on the U.S. housing market from China’s real estate crisis
Housing Wire
OCTOBER 5, 2023
Lax lending standards and cheap credit, plus a popular belief that real estate values never decline, created a massive bubble. Despite the risks, there are multiple ways events in China could end up benefitting residential real estate in the US. Following a pattern eerily similar to the U.S. in 2008 and 2009.
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