枫下茶话 / 工商经济 / The Black Swan started in August in China, the Real Estate Selloff started in America in September, and the Bond Market Crash started in October, Equities will be the last to Fall
-**🐣;
2023-10-22{601}(#15729953@0)
In US, real estate accounts for 15% of GDP.
In China, it's 30%, and is regarded as dangerous.
Wait... in Canada it's 40% of GDP!
-**🏖;
2023-10-22{520}(#15730153@0)+1
It is no secret that the Canadian real estate market represents a large portion of the national economy and household wealth.
