Gravitas: China's housing bubble set to pop?

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China's housing boom was built on a great wall of debt. Senseless lending and construction have straddled the real estate sector with millions of empty apartments and billions of dollars in debt. Molly Gambhir gets you a report.

#Gravitas #China #HousingBubble

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“The Great Fall of China”. I fell sad for for the common man of China. These are common people like any other who just want to make a good life and living.

Peaceforall
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does this mean Thailand wont be full of Chinese tourist when it re-opens 😀

paulmanning
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In short : china is USSR1991(2.0)😂😂😂😂😂😂😂😂😂😂

subhabond
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Ab Paxtan kiske pass katora leke jayega!! 😂😂

churabhok
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I live in America and like your news and other foreign news better than American. American news is more like a talk show with more personal opinions than news. Keep up the good work.

stevebrown
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Lol the title in the thumbnail (Great Wall of Debt) 😆 🤣

dakotastorms
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China wanted to have the largest economy in the world with tactics like this. They may end up falling a few notches after this.

carlrimmmer
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Great Wall of Debt 🤣🤣🤣🤣🤣
What a great title 🔥😆
This is going to grill CCP dry 🤣

bomdila
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i wouldn't like yo live in one of those apartments, they don't look like that they are build properly, i saw on serpentza youtube videos that there are even parts falling from build

MrBlonde
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I came here to learn how to trade after listening to a guy on radio talk about the importance of investing and how he made $460, 000 in 4 months from $160k. Somehow this video has helped shed light on some things, but I'm confused, I'm a newbie and I'm open to ideas.

mclarendavid
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Does this mean they will stop buying Australian houses. They have inflated our house prices

ritaaghajani
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Wait - where am I going to get my Walmart treasure from????

FVmfa
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CHINA HAS A DIFFERENT PLAN IN OUR BORDER & LAC!
WE ARE ALSO PREPARED!

mrindian
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We all better hope and pray this nightmare does not spread across the planet. We think we have shortages now ..? This could become the ‘Black Swan’ event that triggers a global financial melt-down that so many of us have been warning about since 2008-2009 because, nothing was addressed then.

AffinityNetNews
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The Chinese didn't move into those apartments because unfortunately they're all moving to the Philippines... 🤦🏻

VanGranico
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Did they demolish the counterfeit Paris they built?

aris
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64 million is 2009 number. Currently it is more likely to be more than 200 million empty homes and they are adding 30 million every year on top of it. they should have 500 million empty by end of this decade, enough to house 2 billion people

bestofsatish
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all those empty residential skyscraper in China can be put to good use for housing the homeless & refugees to start with . . . there are over millions of refugees worldwide, they get a home in return they work for their living . . .

chandrachurniyogi
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hectic how china suffers a housing crisis on both ends, first home buyers are locked out and an absolute housing glut. just unreal

CaptArcadian
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People accept the reality 🤣, China 🇨🇳 is collapsing.. Bubble is already 🤣 pops 🤣

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