China’s bursting housing bubble summed up in a viral video, as official tells citizens to ‘Buy one property, then a second. Bought a second? Buy a third, and fourth’
The official’s comments come as China grapples with a deepening property crisis that’s seeing developers unable to finish housing projects—and hundreds of thousands of homeowners unwilling to pay their mortgages.
Moderated by Tomas Kauer 
The official’s comments come as China grapples with a deepening property crisis that’s seeing developers unable to finish housing projects—and hundreds of thousands of homeowners unwilling to pay their mortgages.
