China Rejects $1 Trillion Housing Rescue Plan Pitched by IMF
realharo @ realharo @lemm.ee Posts 0Comments 311Joined 2 yr. ago
realharo @ realharo @lemm.ee
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So where do all the renters come from?
https://www.yicaiglobal.com/news/a-quarter-of-china-city-dwellers-rent-survey-shows - same website that your wikipedia link lists as source
But none of that is relevant to the article of this post. That article talks about money to complete unfinished projects. It's in the very first paragraph. There are people who took out loans to buy pre-construction apartments with plans to live there, who are now in trouble.