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Re:Evergrande has defaulted on its debt, Fitch Ratings says by folli on Thursday December 09, 2021 @09:02AM (#29497401)
The main cost driver is the cost of land, not the cost of construction.
Re:Evergrande has defaulted on its debt, Fitch Ratings says by tut-urut-utut on Thursday December 09, 2021 @10:02AM (#29498069)
In that case, housing should be better quality? Because higher quality construction would increase a price insignificantly because it's the land that bring up costs.

That's why I think that this is just an excuse for a low quality, cheap work.