Imagine being literally scammed into pouring your life savings into a property that is unfinished without electricity nor water, and then thinking “at least I have something so I shouldn’t complain”? Those people actually had something before, now they’re left with less than nothing.
Sure. Please find me articles about places that have incidents happening in a large scale like this right now then. Or do big companies like Evergrande just default occasionally all over the world in your books?
Flooding the market with unfinished buildings? Are you on crack or something? You have to actually finish it to call it “housing”. And again, those property were built to be sold, and they weren’t going to undersell them. Leaving both the buyer and the constructor with no money is not called a “sound strategy”.
deleted by creator
“Nothing is perfect” Is a hell of a way to minimize the enormity of the issue. Like wow…
deleted by creator
Imagine being literally scammed into pouring your life savings into a property that is unfinished without electricity nor water, and then thinking “at least I have something so I shouldn’t complain”? Those people actually had something before, now they’re left with less than nothing.
deleted by creator
Sure. Please find me articles about places that have incidents happening in a large scale like this right now then. Or do big companies like Evergrande just default occasionally all over the world in your books?
deleted by creator
You’re the one who made the argument. The responsibility lies on you.
Edit: and are you, who haven’t posted a single link here yet, really telling me, who did provide news articles, to do my own research? How ironic.
deleted by creator
They’re not building apartments to give out to homeless people for free here. People actually had to pay for those properties and were scammed.
deleted by creator
Am I talking to a brick wall or what?
deleted by creator
Flooding the market with unfinished buildings? Are you on crack or something? You have to actually finish it to call it “housing”. And again, those property were built to be sold, and they weren’t going to undersell them. Leaving both the buyer and the constructor with no money is not called a “sound strategy”.
deleted by creator