Housing Bubble

Is the Chinese Housing Bubble About to Burst?

It started quietly at the end of 2017 when WANDA—one of the largest real estate players in China—declared it was changing its business model to exit the market. Last month, VANKE (another industry behemoth) announced it was doing the same. Coincidence? Perhaps so to optimistic homeowners and speculators who continue to buy into the hype. …