Posts Tagged ‘Chinese Middle Class’

China’s $15 Trillion Mortgage-Free Home Equity Status

March 20 | Posted by Mario Cavolo | Inside Asia, Property Portfolio, Top Story Tags: , , , , , , , , , , , , , ,

Currently, home values in the United States equate to roughly $15 trillion. The mortgage debt on those homes? 80%, give or take a few percentage points. Home values in China also equate to roughly $15 trillion, however the mortgage debt on these homes (and we’re referring to lower and... Read more