Shenzhen’s housing prices fall 75%. China’s middle class in ruins

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Hello, this is China Deep Dive. We have all the information you need to know about China at present. Today's topic is:
Shenzhen’s housing market is collapsing. Property prices have dropped by up to 75%, and homeowners are drowning in debt. Once considered a guaranteed investment, real estate in China’s top cities is now a financial nightmare. Why is this happening, and what does it mean for the middle class? Watch to find out.


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