TheShorelineAgencyJan 19
Global trade tensions (e.g., US-China tariffs) historically add 1-2% to Aus property costs via import inflation—post-2018 hikes raised building expenses 5-10%, stressing buyers. NSW: Diversify to stable subs! Poll: Trade worry? #GlobalProperty (Source: RBA Trade Analysis)
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livusMay 13, 2024

‘I feel like I've been tricked’: Some property buyers in China’s Tianjin have been waiting 8 years for their homes

A group of around 1,500 homebuyers say they have yet to see the apartments they paid for about eight years ago, as challenges persist in China’s property sector. The promise was they would be ready by 2019, but the majority are still unfinished, according to five of the homebuyers, who requested anonymity out of fear of... #realestate #tianjin #china #globalproperty #worldnews

https://www.cnbc.com/2024/05/13/house-buyers-in-chinas-tianjin-have-been-waiting-8-years-for-their-homes.html