Chinese Buyers Lose Trust After Evergrande's Collapse, 20 Million Homes Left Unfinished 🏚️
The fall of Evergrande, China's former property giant, has shattered investor confidence and left around 20 million housing units unfinished, raising concerns for the real estate market and homebuyers nationwide.
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Following the collapse of China’s once-largest developer, Evergrande, around 20 million unfinished housing units have been left in China. In the north city of Shijiazhuang, one buyer told Reuters he'd "lost confidence" and didn't want to invest in China again. - REUTERS
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863
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2:39
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Published
Feb 4, 2024
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