A former Chinese official is telling property developers to 'transform' their businesses as there are more than enough empty homes to house all of China

Tech Insider : Economy
Local residents look at a model of a Poly Real Estate Group housing project at a real estate showroom on May 25, 2023 in Sanya, Hainan Province of China.
A real-estate showroom in China.

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China Evergrande has had a wild ride on the stock market in the 3 weeks since trading was resumed

Tech Insider
China Evergrande property development
China's real-estate market is in a crisis.

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The housing market is brutal. These 6 charts show just how bad things are for buyers.

Tech Insider
The housing market is brutal for buyers right now.
The US housing market is brutal right now, as low inventory keeps unaffordability high.

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The housing market has never been this expensive

Tech Insider
The housing market has never been this expensive.
The housing market has never been this expensive.

UCG / Getty

The housing market is about to get a lot more expensive for millennials and Gen Z

Tech Insider
A young adult in their home.
A young adult in their home.

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Country Garden just dodged a default but China's property-debt distress continues

Tech Insider
A residential building of Country Garden in Fuyang City, East China's Anhui Province.
A residential building of Country Garden in Fuyang City, East China's Anhui Province.

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Despite Country Garden's last-gasp payment, China's property sector remains in crisis: two-thirds of its developers with most offshore debt are defaulters

Tech Insider
Chinese President Xi Jinping.
Chinese President Xi Jinping.

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Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default

Tech Insider : Economy, Economy
The company logo of Chinese developer Country Garden is pictured at the Shanghai Country Garden Center in Shanghai
Chinese property giant Country Garden pays its dollar bond interest within grace period, narrowly averting a default.

Aly Song/Reuters

This is how the billionaires planning a new city near San Francisco imagine their utopia could look

Tech Insider
A mock-up illustration shared onCalifornia Forever's website that shows people cycling on a road near houses and trees
Cycling and green space feature in plans for the new community.

California Forever

The housing market is stuck: Americans can't afford homes, investors aren't buying property, and economists see little relief ahead

Tech Insider
The housing market is stuck thanks to high prices, high mortgage rates, and low inventory.
The housing market is stuck thanks to high prices, high mortgage rates, and low inventory.

UCG / Getty Contributor

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