Upbeat News for China’s Deeply Troubled Property Sector?

Some recent signs of improvement are tentative, to be sure, and easy to dismiss but still not to be ignored.
Upbeat News for China’s Deeply Troubled Property Sector?
An aerial view shows the Evergrande Wuhan culture-oriented travel city left unfinished amid a liquidity crisis in China on Oct. 18, 2021. Getty Images
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Commentary

Recently, signs of improvement have emerged in China’s housing market, and with these signs, some reason to hope that the country’s long-running and destructive property crisis may at last be turning.

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Milton Ezrati
Milton Ezrati
Author
Milton Ezrati is a contributing editor at The National Interest, an affiliate of the Center for the Study of Human Capital at the University at Buffalo (SUNY), and chief economist for Vested, a New York-based communications firm. Before joining Vested, he served as chief market strategist and economist for Lord, Abbett & Co. He also writes frequently for City Journal and blogs regularly for Forbes. His latest book is “Thirty Tomorrows: The Next Three Decades of Globalization, Demographics, and How We Will Live.”