Massive Protests as Chinese Property Prices Fall 50%, Predicted to Halve Again in Two Years
Massive Protests as Chinese Property Prices Fall 50%, Predicted to Halve Again in Two Years
Udumbara
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A real estate development in Foshan, Guangdong, has plunged into chaos due to a sharp drop in housing prices, sparking outrage among homeowners. Many frustrated buyers gathered at the sales office, demanding an explanation from the developer for the steep price cuts. Videos show intense clashes between homeowners, sales staff, and security personnel, with the situation spiraling out of control.
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