
Global Economy and Trade
The Housing Crisis in China: Causes, Effects, and Global Comparisons
China's housing crisis comes down to a fundamental problem: in many cities, urban shortages persist as hundreds of millions of residential...
Author
Eason Ji is a Junior at Harvard-Westlake, an author at the Harvard-Westlake Economic Review, and a Junior Leader of the Economics Club.

China's housing crisis comes down to a fundamental problem: in many cities, urban shortages persist as hundreds of millions of residential...

How did China’s real estate crisis happen? This article argues that it is the result of excessive debt, an oversupply of housing, declining...