Developing Affordable Housing Ecosystems World Wide
[Continued from yesterday’s Part 2 and the preceding Part 1.] By:David A. Smith As we’ve explored in the last two days, everyone can directly observe the explosion of urbanization and infrastructure in China, and no one can know the totality. So, using this recent New York Times article about China’s invisible obligations, let’s [...]
[Continued from yesterday’s Part 1.] By: David A. Smith Yesterday’s post on China’s astonishing exuberance of capital investment and infrastructure, including housing, using mainly a recent New York Times article, highlighted Fitch rating’s published estimate of a 60% chance of a Chinese crisis within three years, due to over-lending, state-owned banks lending to [...]
By: David A. Smith At extraordinary speed, as reported in this recent New York Times article about China’s invisible obligations, China is transforming itself from a mainly rural agrarian power into an industrialized and urbanized nation, and doing it with a capital-spending frenzy not seen since America’s Roaring Twenties. Around the clock, seven [...]
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