China has accumulated approximately 2 trillion dollars of presale real estate liabilities (prepayments by home buyers for unfinished apartments); if developers stopped building, millions of households who paid in advance would be left with nothing
factualpending
Speaker
Brian McCarthyEvidence Quote
“I think it's a couple trillion dollars of pre-sale liabilities among all the developers that if they just stopped people who paid for apartments would be out of luck so they don't want that they can't have that [39:39]”
Created: 8/10/2026, 11:05:04 PM
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