I'm going to be interested to see how this affects the real estate market
Yes, that is an interesting question!
The Chinese stock market itself is a casino. It's not particularly important on its own--except of course to the people who are gambling speculating there. But the effects of its crash on other markets will be interesting. Real estate markets in China, and in places with markets dependent on Chinese buyers, in particular may be affected.
![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
(no subject)
Date: 2015-08-24 05:24 pm (UTC)Yes, that is an interesting question!
The Chinese stock market itself is a casino. It's not particularly important on its own--except of course to the people who are
gamblingspeculating there. But the effects of its crash on other markets will be interesting. Real estate markets in China, and in places with markets dependent on Chinese buyers, in particular may be affected.