Why China must crush real estate

Kyle Bass on why China must crush real estate and why it is uninvestiable. Absolutely!

Houses and Holes
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  1. Voice of ReasonMEMBER

    So the real estate industry is 33% of China’s economy – anyone know what percentage it is in Australia

  2. He speaks the truth. Xi also banned any foreign tutors teaching english. Why? Because the Chinese parents were spending inordinate amounts on getting their children educated- mainly because they wanted them to learn english. A whole industry has been taken down overnight, in order to try to reduce the burden on chinese with young families. He knows that if he doesnt there will be major unrest