RE: Chinese Demographics Worse Than Advertised
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Yesterday, I saw investor Kathy Wood's comments on the Chinese housing market on Youtube. She was talking about the strict regulations brought by the Chinese state, putting the housing market under pressure. She stated that the real estate market price declines could harm the Chinese economy.
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Real estate makes up a large percentage of most economies. So the massive run up caused strong numbers but the decline will weigh on things.
Real estate can take 5-10 years to turn around. By that time, there might be 50 million less Chinese people.
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