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A comment on Evergrande has defaulted on its debt, Fitch Ratings says. Parent comment

Re:Evergrande has defaulted on its debt, Fitch Ratings says by cjrp on Thursday December 09, 2021 @10:46AM (#29498674)
> Owners aren’t banking on rent, so pay them $3k per month. It’s all about appreciation.

But why would houses appreciate if lots of them stay empty?

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Re:Evergrande has defaulted on its debt, Fitch Ratings says by mywittyname on Thursday December 09, 2021 @10:57AM (#29498883)
Speculatory Bubble.

They aren't buying these for the rental income. They are buying it because they hope the next person is going to want to pay even more for it.

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Re:Evergrande has defaulted on its debt, Fitch Ratings says by tiahura on Thursday December 09, 2021 @11:28AM (#29499378)
Diamond hands
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