China’s BIGGEST MISTAKE | Real Estate Market Crisis | Impact on Economy | Finshots TV

Good work 👍🏽

The idea that everyone has a roof over their head with such high rates of home ownership in China greatly obscures the social reality that about 300 to 500 million people in China face. Many families may own a useless flat in a rural city where no work exists. They are more or less forced to migrate inward to get a job where they are not ever given a residency permit and where, moreover, they must pay high rents to live in overcrowded slummy apartments. The exception are those who live in factory dormitories but these arrangements are becoming less common. Meanwhile, apartment prices in the places where jobs actually exist are far beyond the reach of the average resident and financing is very very limited. 1/4 to 1/3 money down and 3 to 5 years max to pay the entire mortgage are common requirements. Imagine that! That's why so many families must put their entire life savings into a home purchase. However, many have been lured into buying flats before they are built. So we see great disequilibria in the Chinese housing market that, due to conditions that are somewhat unique to China, the official statistics on home ownership obscure, even if they are correct (and that is a big if). To put it shortly: there are serious housing SHORTAGES in China in the places where people need to live in order to get a job.

If Finshots made such videos on Indian financial stories, there would be many viewers

Been hearing this since the 90s

Superb and fantastic Mr. Please keep this up because the ramifications of these problems are insane.

In a country where over 80% already have their own home and the property market is on a downturn, it is certainly very clever to invest ones life savings into even more real estate. Mind boggling, indeed.

Perfectly explained. Keep the good work bro. Very straight and precise work.🎉

Good video, but are people seriously only paying attention to this NOW? If there wasn't any attention on it 20 years ago, there certainly SHOULD have been after the Global Financial Crisis from 2008. In so far as I was paying attention, when I noted what was happening in China at the time, I thought "Why the *%^&? is the Chinese government allowing that?" But, who cares what a crazy woman in Australia thinks?

I want to build ghost cities. I told the bank I need a loan for a ghost city. Only for birds and cats and dogs. But they didn't give me the money. Terrible people.

i think ccp china wants the world to think that its economy is in trouble. they always tell you what you want to hear. this whole charade is deflecting attention away from what they are really planning and doing in the future.

Wow, that was a good analysis! Respect

China tdk mendominasi siapapun di Asia ini..!!😁😁

Only way out is , china will open it's red doors again for corporates

So the economic model is piramidal and will have an implosion at some stage and all of this was set out by hard labour available, greed and printing money!

Please, please, and please
Don't make a fool of yourself 😭

This is a marvelous video. I am researching the topic myself and I could not understand the link between different events, the government's stance, and the origin story. There is a massive chunk of information all over the place but I am glad I came here. Things have become more structured and I salute the amount of work you put in to get the story to flow. That really is commendable. Great job!

Please make video China 🇨🇳 inside .

China is sinking faster than anybody's guess.Main reason is government officials&communist party officials are doing monumental corruption.The taxpayers money, which should go into national exchequer is going into the pockets of a few high ranking individuals.Even when the country is sinking fast, these persons are not stopping corruption.

Wonderful analysis

If India does so, it'll get problems like China's problem.

Great job, quite informative and I appreciate how you explained it in a few minutes. Thank you

China will end soon

VERY TRUE!MASTER OF PROPAGANDISTS !

Hey, Excellent Video. I'm a big fan. Been following you guys since early newsletter days. One thing has always made me curious is that I really want to know and learn more about methods and processes of researching such a good video and articles.

A ponzi scheme. Chinese people should rise and replace their form of government to democratic one😮

Lmao what are you on about if this happened in india the indian media would justify it and say it’s for the greater good of the people

China downfall economy make artificial map that forget the history that china made not recognize the unclos and harming the peaceful of nation

great video, thank you! Greetings from EU/Germany :)

Karma. Xi Jinping bullies the world; the world pushes back. I’m Chinese American but the CCP deserves how the free world fights back.

American Champion Sean Strickland just put a beating on Chinese Champion in UFC today.

I worked with Chinese for 4 years and trust me they are unpredictable. And last year when Evergrande Group filed for bankruptcy it was clear that that downfall of China has begun and it is in no state to grow until it heals its relations with the world, it revives its economy for good. Chinas growth has gone back by 15-20 years.

PS: the karma always hits back for people doing wrong things. Example: Corona (Bio-Wars), IndoChina Border war (Land encroachments), Over-Urbanization (Killing Rural Peoples livelihood), Dictatorship (Not to mention about the Brutal Harrassments), Over-Industralization (Polluting Mother Earth), Animal Cruelty (Slaughtering Every Living creature on earth 😢) etc. The list of wrong doings is endless in China.

Accept the fact that Xi has decided to impoverish his own people. Rich people talk back. Poor people obey and beg authority. Simple as that.

Grt analysis… 👍

This is the beginning of the end, hold your breath and count to ten.

Chinas biggest mistake was to let XI come to power!

Oprah must own land in China!!!

No shortage of money to wage war

the citizens purchase power is incredible weak with the losses from the housing scam.
recovery is doubtfully expected in less than ten years.

end of one China in the world India can replace global dominance in one world

🧐 The infrastructure project "The bee honeycomb model of the conglomerates" will keep your money 🐝. The Project is more Reliable than Gold 🪙. Archimedes XXI century 😇.

😢🆘🆘🆘 The catastrophe of the transport infrastructure in China paralyzes industry and finance. Archimedes XXI century 😇.

After liquidating a pair of real estate holdings last year, I've been eyeing the housing market for a potential downturn to seize economical opportunities. As a precautionary measure, I've been exploring the idea of diving into the world of stocks. What insights can you provide regarding the ideal moment to initiate stock acquisitions? On one hand, I've come across reports of traders consistently raking in substantial weekly gains upwards of half a million dollars. Conversely, there's a prevailing notion that the market is in a state of turbulence, possibly characterized by a short-lived recovery. Could you illuminate the underlying factors behind this curious phenomenon?

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They thought they were embracing capitalism or even exploiting it, but they didn’t recognize what they were up against.

I love karma

You do understand the Ghostcities were the issue right? That was the start of the bubble, the decision that made the problem today inevitable.

God bless the USA Hopefully Russia will be next.😂

Due to COVID China lost World’s trust…that is irreparable….China will be doomed very fast. Most important is China is Anti-human

If you would make videos related everything to Indian citizens.... it will create awareness among the young generations who would get Ideas and be creative and making India, "Skill India", looking forward what are you coming for the newer younger innocent 😇 children of India 😍🙏🤗🤗🤗❤️✌️🕊️💃🕺💃🕺💃🕺😎👍You are Awesome and Amazing.... focus on our children 😁