Opinion: The ripple effect on the U.S. housing market from China’s real estate crisis
Housing Wire
OCTOBER 5, 2023
The real estate market in China, both commercial and residential, have been unwinding over the last few years. Now add in the most recent news of outright fraud and embezzlement by Evergrande executives, and there is a chance the sector will drag down an already slowing Chinese economy. However, even bad news often has a silver lining.
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