Birdwatch Note Rating
2025-01-05 09:38:10 UTC - HELPFUL
Rated by Participant: C0465E4979B4EF5E29E998C1E796E3857BC343A77818912077DF5C6F342D5D90
Participant Details
Original Note:
China's property slump isn't over. Sales may have risen recently, but systemic issues remain: overcapacity (65M vacant homes), aging population reducing demand, and high youth unemployment limiting buyers. Claims of recovery are premature. Sources: https://www.wsj.com/articles/china-economy-excess-debt-gdp-46c69585 https://www.imf.org/en/News/Articles/2024/02/02/cf-chinas-real-estate-sector-managing-the-medium-term-slowdown https://thediplomat.com/2024/12/chinas-real-estate-crisis-why-the-younger-generation-is-not-buying-houses-anymore
All Note Details