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19.07.26 - 10:30
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Why China must end the lucrative marriage between property and banks (SCMP)
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Capital seeks sanctuary. In China's property sector, however, that quest for safety had inadvertently erected a cage. The recent government takeover of Wuhan-based private lender Zhongbang Bank, expected to see a dilution of its private capital amid serious credit risks, is a calculated regulatory action. It echoes a larger and darker precedent.
A few years ago, another commercial lender, Shengjing Bank, became caught up in the Evergrande debt crisis. There was speculation property developer......
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19.07.26 - 08:00
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Hong Kong′s secondary property market braces for shift after strong first half (SCMP)
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Hong Kong's secondary residential market is expected to hit a turning point at the start of the second half of the year following a steep price increase during the six months to June, according to multiple local property agencies.
They cited the effects of Beijing's crackdown on capital outflow, which has shaken Hong Kong's stock market, as a contributing factor.
According to data from Centaline Property, the secondary residential market recorded 26,813 transactions totalling HK$212.24 billion......
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18.07.26 - 17:51
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More Than 227,000 US Property Foreclosure Filings In First Half Of 2026 (ZeroHedge)
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More Than 227,000 US Property Foreclosure Filings In First Half Of 2026
Authored by Naveen Athrappully via The Epoch Times,
A total of 227,548 properties in the United States made foreclosure filings in the first six months of this year, a 21 percent increase from the same period last year, according to real estate analytics company ATTOM.
The first half foreclosure filings are also up by 28 percent from the same period two years back, ATTOM said in a July 16 report.
In states with a minimum of 500 foreclosure filings, Idaho registered the largest year-over-year increase: 59 percent. This was closely followed by Colorado with 57 percent, Georgia with 52 percent, and North Carolina with 47 percent.
Foreclosure is a legal process by which a mortgage lender repossesses a property after the borrower fails to make mortgage payments on time. Initially, the lender issues a notice of default once payments are missed for 90 days. If the borrower fails to settle the claim within 30 days, the lender can ...
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