The Possible Impact of a Housing Slowdown in China
Vanguard put out an interesting research piece on Friday, which you can read in full here, arguing that the bursting stock market bubble in China isn’t as big of a risk as a potential fall in their housing market. According to their research, housing is a much larger portion of total household wealth than stock ownership, which is the opposite of the US. In China, housing makes up 43 percent… Read More