China’s Real Estate Collapse: Apartments in some areas are now selling for only $1,400

"The dream of getting rich by owning property is gone. The myth of “house equals wealth” has been shattered. For decades, homes represented security, prosperity, and social status in China. But when houses become cheaper than cabbages, what does that say about the future of China’s economy—and the fate of those who built their lives around it?
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