China's real estate hit has significantly impacted household balance sheets and consumption capacity because the people most likely to spend (home and apartment owners with decent incomes) have taken massive losses on property values
causalpending
Speaker
Nick GlinsmannEvidence Quote
“the people that are going to spend money in consumption in China are those people that own their own houses... have taken a massive hit on their real estate... from my from our perspective dampens consumption”
Created: 8/12/2026, 10:32:00 PM
My Notes
Loading notes...