Chinese real estate is likely the largest asset class in the world…. Price falls could be very impactful on the global economy

Very interesting chart that shows that Chinese real estate is likely the largest asset class in the world.

It also arguably goes some way to illustrating how impactful price falls could be on the global economy. pic.twitter.com/E4lerfo1Sj

— Tarric Brooker aka Avid Commentator 🇦🇺 (@AvidCommentator) September 25, 2021

People have pointed out the problem with the property bubble in China for years.
@crescatkevin
https://t.co/I3RK1ChqC7 pic.twitter.com/comN7OW2i2

— Crescat Capital (@Crescat_Capital) September 25, 2021

https://www.youtube.com/watch?v=HMGNR3MvZCQ