China: 950,000 homebuyers are refusing to pay mortgages totaling an est. USD $100 billion as construction stalled due to Evergrande bankruptcy
by BtcKing1111 Pre-construction buyers of an estimated 950,000 units across 286 project sites are refusing to pay mortgages on buildings that have stalled construction for more than a year, since Evergrande’s collapse. This totals an estimated USD $100 billion in …