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The New York Times

@nytimes ↗

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Last Checked March 4, 2023

Created

Tue Jan 31 09:03:37 +0000 2023

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54

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The New York Times @nytimes

Last year, in an act of collective rebellion that’s rare in China, infuriated homebuyers in more than 100 cities vowed not to repay loans on unfinished properties. https://t.co/C9KqO1eM0p https://t.co/KWb0mtm3O5 — PolitiTweet.org

Posted Jan. 31, 2023 Hibernated

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The New York Times @nytimes

Developers ran out of money amid a government crackdown on debt and a slowing economy, bringing a decades-long real estate boom to a halt. Now, across China, uninhabitable concrete structures rise up from idle construction sites instead of apartments. https://t.co/C9KqO1eM0p https://t.co/0JRHnDk2ZR — PolitiTweet.org

Posted Jan. 31, 2023 Hibernated

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The New York Times @nytimes

We talked to four people who emptied their life savings and took out huge loans for homes that have not been completed. They told us about their frustration and showed us the apartments that are now ugly reminders of dreams dashed and promises broken. https://t.co/C9KqO1eM0p https://t.co/lQjmDrqehl — PolitiTweet.org

Posted Jan. 31, 2023 Hibernated

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