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Rolder ,

80% owned outright my ass.

statista.com/…/china-value-of-real-estate-housing…

Most current state put them at 40 trillion yuan in mortgages (5.5 trillion USD)

And their home ownership rates aren’t surprising when you consider how they have been pre-selling homes before they are even built. Which is backfiring horribly with those housing companies going under because they can’t finish the homes fast enough.

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