Evergrande has defaulted on its debt, Fitch Ratings says

Re:Evergrande has defaulted on its debt, Fitch Ratings says by nostrebored on Thursday December 09, 2021 @09:24AM (#29497634)

This view is detached from reality. Not every house is in the eastern suburbs of Sydney and lower quartile income in Australia is extremely high.

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Re:Evergrande has defaulted on its debt, Fitch Ratings says by bamboozled on Thursday December 09, 2021 @09:32AM (#29497723)

I could buy a house at the end of a run way for cheap, or in a desert, but no one wants to live there.

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Re:Evergrande has defaulted on its debt, Fitch Ratings says by nostrebored on Thursday December 09, 2021 @09:47AM (#29497874)

There are 80 two bedroom properties for sale right now in the inner west of Sydney that line up to less than 12 years of minimum wage salary at recommended prices.

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Re:Evergrande has defaulted on its debt, Fitch Ratings says by bamboozled on Friday December 10, 2021 @11:22AM (#29511699)

How much do they cost ?

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