A follow up to a previous What You Missed Youtube video. Is housing still in trouble???:

China Evergrande, once the country’s top property developer, has been delisted from the Hong Kong Stock Exchange after a dramatic collapse from a $51B market cap in 2017 to just $280M. With $300B in debt, Evergrande’s default sparked a years-long crisis and symbolized China’s bursting property bubble. Beijing’s 2021 “three-red-line” policy triggered a wave of defaults, slumping property prices, and an ongoing correction—though economists say the worst drag on China’s economy is fading and will ease further by 2027. What’s next for China’s real estate market? More: https://www.cnbc.com/2025/08/25/evergrandes-rise-and-fall-leaves-scars-on-chinas-property-sector.html #Evergrande #China #realestate #HongKong #economy #propertycrisis

Evergrande’s $50 billion rise and fall leaves scars on China's property sector

"The state-owned developers will end up running the entire industry," Brian McCarthy, managing principal at Macrolens, told CNBC.

CNBC

As Evergrande faces delisting, China property debt revamp drags on

Once China’s top developer Evergrande faces Hong Kong delisting Delisting will come after 18-month trading suspension Property crisis…
#NewsBeep #News #Headlines #ChinaEvergrandeGroup #Chinesepropertymarket #debtrestructuring #HongKongdelisting #Latvia #LV #propertycrisis
https://www.newsbeep.com/28107/

In #Malaysia, #CountryGarden's plan was to build an eco-friendly metropolis featuring a golf course, waterpark, offices, bars and restaurants. #ForestCity would eventually be home to nearly one million people.

Eight years on, it stands as a barren reminder that you do not need to be in #China to feel the effects of its #PropertyCrisis.

Forest City: Inside Malaysia's Chinese-built #GhostCity - BBC News
https://www.bbc.com/news/business-67610677?at_medium=RSS&at_campaign=KARANGA&utm_source=press.coop

Back toot: https://noc.social/@Norobiik/111520104842966367

Forest City: Inside Malaysia's Chinese-built 'ghost city'

Built during the Chinese property boom, Forest City is a stark reminder of the crisis in the sector.

🏢🚧 Real Estate Woes: Leading developers on the brink! China's property sector's shaking, and it's affecting the economy. Companies defaulting left and right. Ever heard of Country Garden? They've missed $22.5 million in debt payments. 😲 #PropertyCrisis #EconomicRecovery #fintoot
@ChrisMayLA6 or, and hear me out here, it might also be because *houses are expensive to buy, maintain, and renovate* especially when a minority of tenants treat them like absolute shit. If more public low-cost *subsidised* housing is needed (it is) then vote in a government that will BUILD IT. Stop with the straw man hate speech against owners, who can't help that materials and labour costs are sky high, while the economy is shit because the Tories broke it! #propertycrisis
Why is China not rushing to fix its ailing economy?

With China at risk of tipping into <a href="/markets/asia/how-much-worse-can-chinas-economic-slowdown-get-2023-08-15/">prolonged stagnation</a> and a <a href="/world/china/chinas-new-home-prices-fall-first-time-this-year-2023-08-16/">spiralling property crisis</a> threatening financial stability, there is growing unease over why its leaders are not rushing to revive the world's second-largest economy.

Reuters