Chinese property stocks soar on hopes of turning point for sector

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Another south sea bubble on it's way

Beijing's sweeping plan to support the property market is a major event in the sector but it might not be enough to create a turning point. We'll see.

'Beyond Evergrande, China’s Property Market Faces a $5 Trillion Reckoning' From October 11, 2021

Hope. All I hear is hope.

Hope…

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The global housing market is heading for a brutal downturn\n\t\t\tKeep abreast of significant corporate, financial and political developments around the world.\n\t\t\tStay informed and spot emerging risks and opportunities with independent global reporting, expert\n\t\t\tcommentary and analysis you can trust.\n\t\t The global homeless issue is heading for a brutal upturn. Because we can no longer afford Billionaires. Good! A lot of people need to be able to afford housing. Housing is the last thing that should be speculative and keep going up! Selfish ppl in this world driving up prices so normal ppl won’t be able to afford it all so they can make a buck. finally some good news!
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