you can write a lot about the Chinese real estate sector, especially without reasoning and numbers:)
I have no access to reputable information, therefore there is nothing to draw conclusions.
but you can delve into the logic of others. especially if you believe that, that the date does not disprove the logic.
I repeat, but the arguments about the bubble" (don't like this term, but I respect the versatility)
in selected cities, this is not serious. you need to watch the relative volumes.
interesting argument about leverage, they say he is very low. here of course you can disagree with the data,
but you can't ignore all the statistics around, you need to use something.
met Danske Bank leverage / debt figures, which aroused interest.
looking at schedule and don't worry about China. then see the second graph
and don't worry about China at all. finally, look at the third graph and
we understand where the dog is buried and who buried it there.
Again, it doesn’t mean anything yet,
it just develop thoughts about, that the commonplace idea of debt in the PRC is not so simple.
