Недвижимость стала проблемой? Главный урок Китая для всего Мира
Falcon Finance · 4,823 words · 24 min read · EN

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According to various estimates, up to 80 million apartments are empty in China. They could accommodate the entire population of Germany. These apartments were bought a long time ago. Real people paid for them, but no one lives in them . Moreover, many owners had no intention of moving there. And to understand how this became possible, we need to
remember one simple thing that almost every one of us has heard more than once. Ask people where the safest place to store their savings is, and more often than not you'll hear the same answer: [music] real estate. Money depreciates, banks go bankrupt, stocks fluctuate, but there is always an apartment. You can touch it,
you can live in it, you can rent it out, and it always goes up in price. In China, this advice was believed more strongly than anywhere else. Hundreds of millions of people have been investing their entire savings in apartments for years. The demand for housing was so huge that China began building on an
unprecedented scale. In just three years, the country consumed more cement than the United States did in the entire 20th century. Real estate has become one of the main drivers of the economy. Housing stocks and sales account for nearly a third of China's economy. And now for 5 years in a row this whole thing has been going downhill.
Prices that have been rising for decades have started to fall and continue to fall right now, as you watch this video. And this applies not only to China, which accounts for about a fifth of the global economy. Therefore, when problems arise in such a country , the consequences rarely remain within its borders. Today
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