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July 18, 2022 | China Property Developers Offering Cars and Pigs to Entice Buyers

Danielle Park

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Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

As foreign investors and home buyers lose confidence in China’s property market, developers are offering cars and pigs to boost sales. WSJ examines ads and policies to see how the country’s real-estate turmoil could ripple out into the global economy. Here is a direct video link.

As shown below via Bloomberg and The Daily Shot.com, Chinese home prices continue to weaken.

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July 18th, 2022

Posted In: Juggling Dynamite

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