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jumanji0881

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jumanji0881

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Monday, 07/25/2022 10:21:16 AM

Monday, July 25, 2022 10:21:16 AM

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Beijing Cracks: Mortgage Boycott Prompts China To Launch Multi-Billion Property Rescue Fund
https://www.zerohedge.com/markets/beijing-cracks-mortgage-boycott-prompts-china-launch-multi-billion-property-rescue-fund

My Comment: Will it Work? I doubt Chinese consumers are going to rush back into the RE market. And how much more will be required to prevent a collapse?

Excerpt:
“clearly the government is signaling it wants to restore homebuyers’ confidence and encourage them to start purchasing houses again,”
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