The Housing Crisis that's Collapsing an Economy

China's economic crisis continues to deepen as new statistics show the property collapse has reached a new low. But will the CCP come to the rescue, and are there signs that Chinese real estate might rebound?

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★ ★ CONTENTS ★ ★
0:00 The Chinese Economic Crisis Explained
5:43 What's Happening Right Now?
7:20 The Flow on Effects to the Chinese Economy
9:10 Are there Signs of a Turnaround?
10:15 What will the CCP do?

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[NewMoneyYouTube]

Thanks for watching everyone. I'll try stay on top of the bot comments, but if you see some, please help me out in reporting them. We will defeat the bots!

[lppoqql]

Good, housing prices was propped up by the government. All housing should be affordable, China made a huge mistake by propping up its home prices. Canada, Australia and UK needs to bring down their home prices too.

[johndinsdale]

You are showing Chinese data as fact. The actual prices are so much worse. The light at the end of the tunnel is a freight train coming the other way, its called Demographics.

[mrdylaninthebox]

China’s economy has already collapsed million times on YouTube, how could it be collapsing once again?🤣🤣🤣

[theodortomas]

Love that term “a little bit of a ponzi scheme” 😂

[LeahLewis-nyiu]

Our economy is struggling with uncertainties, housing issues, foreclosures, global fluctuations, and the pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.

[Kyle-kyle]

im glad china actively break the bubble by themselves

[johnsmith-olqj]

How is the price of property going down a bad thing. High property prices are only good for the 1% and even then only to brag. It helps literally no one

[gnip]

Lowering property prices is a good thing. Housing seen as an "investment" vehicle is the bad thing which will eventually be corrected in China (for the good) seeing the fall in property prices

[dominicwang]

A good addition to BABA and JD's falling sales figures is the massive rise of PDD. PDD is a similar platform but heavily focuses on cheap but lesser-quality products. This shows a fundamental shift in consumer trends in China. For the past 30 years, Chinese people have increasingly desired premium products with higher quality. Now we are seeing a total reversal. For producers it's a race to the bottom.

[danielwly]

Could you comment on the differences been the Chinese and Australian housing markets? Both markets are seeing construction companies collapsing and ongoing projects being stalled. Yet in China property prices (new and old) are dropping, while prices are going up in Australia.

[massiohams]

Loved the ending there!
I'm a little tired of the naked China bashing you see everywhere you go, so to hear someone offer a balanced and pragmatic take is more than refreshing!
People seem to forget China is the second largest economy in the world and one of the largest buyers of global commodities.

[ekremvkilic]

As a side note; Social Security and Banks also work in very similar way to Ponzi Schemes
In contrast to Ponzi Schemes; Social Security is not voluntary (at least in my country). Using banks are voluntary but not using them leaves you very little choice to survive in the modern world

[justindressler]

Look at the previous years growth when people say there is a lose its kind of irrelevant if you have seen 200-300% price increase in there assets. It's like in Australia people say that prices have slowed or reversed in some states but it's barely a change once you take in a decade of growth. The Chinese government doesn't seemed too worried they didn't really do any stimulus even during COVID so I doubt there is any news here.

[wushi]

just came back from China, Stayed there for 2 weeks. The problem is still over supplies of house market. I do think affordability is major problem for housing collapse. There are demand for the housing market. they just can not afford it. The income to housing Ratio just does not make any sense.

[financialm]

Sure would be a shame if Chinese investors had to sell their property in the US to cover their losses...

[angeloton]

I love your channel but not this kind of clickbait videos. If I am 'predicting' a market crash with the s&p in all time highs for three years I am obviously going to guess.

[TeresaLiam-zo]

Most Americans find it hard to retire comfortably amid economy crisis. Some have close to nothing going into retirement, my question is, do I pull cash from my 401k and buy a house, or spread my money in stocks for cashflow? I'd love to afford my lifestyle after retirement?

[amunra]

Honestly most of these homes are second homes for almost 70% of Chinese homeowners.

[atulsingh]

Please include the research material links also. Thank you 😊