{"id":5650,"date":"2022-08-08T23:22:40","date_gmt":"2022-08-08T23:22:40","guid":{"rendered":"https:\/\/fusefornews.com\/2022\/08\/08\/china-housing-crisis-the-people-living-in-unfinished-apartments\/"},"modified":"2022-08-08T23:22:40","modified_gmt":"2022-08-08T23:22:40","slug":"china-housing-crisis-the-people-living-in-unfinished-apartments","status":"publish","type":"post","link":"https:\/\/fusefornews.com\/?p=5650","title":{"rendered":"China housing crisis: The people living in unfinished apartments"},"content":{"rendered":"<p> [ad_1]<br \/>\n<\/p>\n<div>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">China\u2019s massive economy is being threatened by a real estate debt crisis the likes of which has never been seen.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">Just months before Xi Jinping is to be ushered into a historic third term in office, banks are failing, and protesting property investors are withholding mortgage repayments because developers have not finished building their homes.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">In some cities, homeowners, who bought their apartments off-plan, have decided to just move their families into unfinished towers, ignoring warnings to stay away.<\/p>\n<p class=\"ssrcss-1q0x1qg-Paragraph eq5iqo00\">The BBC&#8217;s China Correspondent Stephen McDonell travelled to Xi&#8217;an to meet some of them. <\/p>\n<\/div>\n<p>[ad_2]<br \/>\n<br \/><a href=\"https:\/\/www.bbc.co.uk\/news\/world-asia-62436926?at_medium=RSS&#038;at_campaign=KARANGA\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>[ad_1] China\u2019s massive economy is being threatened by a real estate debt crisis the likes of which has never been seen. Just months before Xi Jinping is to be ushered &hellip; <\/p>\n","protected":false},"author":1,"featured_media":5651,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[6],"tags":[],"_links":{"self":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/5650"}],"collection":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=5650"}],"version-history":[{"count":0,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/posts\/5650\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=\/wp\/v2\/media\/5651"}],"wp:attachment":[{"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=5650"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=5650"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fusefornews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=5650"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}