ABU DHABI / GULF TIME In a groundbreaking moment for luxury real estate, the German ...
Read More »Is China stumbling into its own mortgage crisis?
It is spreading like wildfire. Homebuyers in China are refusing to pay the mortgage on properties they’ve bought but that their financially strapped developers can’t finish. Some say that they will only resume payments when construction restarts. The protest involved more than 100 delayed projects as of July 13, up from 58 projects just one day earlier. The frustrated ...
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