Re:China mortgage boycott data erased by censors as crisis s...
by HWR_14 on Sunday July 17, 2022 @04:35AM
(#32125351)
> CCP can't really do that for houses that are not built.
Assuming there was political will, there's no reason the CCP couldn't do that for houses not yet built. By definition toxic debt is larger than whatever the collateral is.
Assuming there was political will, there's no reason the CCP couldn't do that for houses not yet built. By definition toxic debt is larger than whatever the collateral is.