U-M research reveals overlooked factor driving China's real estate crisis
April 30, 2024
April 30, 2024
ANN ARBOR, Michigan, April 30 -- The University of Michigan issued the following news:
Residential buildings developed by Evergrande in Yuanyang County, Henan. Image credit: Windmemories - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=101099032
The default of Evergrande, one of China's largest developers, set off a chain of defaults among developers, triggering the ongoing property market crisis in China.
Study: Housing production . . .
Residential buildings developed by Evergrande in Yuanyang County, Henan. Image credit: Windmemories - Own work, CC BY-SA 4.0, https://commons.wikimedia.org/w/index.php?curid=101099032
The default of Evergrande, one of China's largest developers, set off a chain of defaults among developers, triggering the ongoing property market crisis in China.
Study: Housing production . . .