Why Could China’s Mortgage Boycott Be 100 Times Worse than the 2008 Financial Crisis?

Hello, everyone! Welcome to “Inconvenient Truths”. I am your host Jennifer Zeng. 

Recently one issue has been very hot not only in China, but outside of China too. That is, homebuyers are boycotting their mortgages on unfinished projects. This is something that has never happened before, and some say the consequences will be 100 times worse than the 2008 financial crisis in the US and the world. So today let’s talk about this issue. 

The full script and audio file are available at the member’s site at https://www.jenniferzengblog.com/scripts-audios/2022/7/22/why-could-chinas-mortgage-boycott-be-100-times-worse-than-the-2008-financial-crisis

7/22/2022

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