China's struggling property developers won't be getting a major bailout, authorities indicated, warning that those who "harm the interests of the masses" will be punished.
Someone buying an unfinished building likely already has a home. If they don’t they can buy one for much cheaper now since housing prices have gone down cuz of the real estate bubble popping.
But what is the actual real-world practical solution for those people?
Are they now just going to be broke (or even in debt) with no place to live?
Someone buying an unfinished building likely already has a home. If they don’t they can buy one for much cheaper now since housing prices have gone down cuz of the real estate bubble popping.