Hong Kong’s Central Bank Pours In Cash to Stabilize Its Pegged Currency, Higher Mortgage Rates Ensued
On Aug. 5, Hong Kong’s central bank bought the largest amount of its currency in one day since May 12—HK$14.161
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Mortgage
China Collects $44 Billion to Save Real Estate Developers, 500,000 Presale House Buyers Stop Mortgage Payments
China plans to collect up to 300 billion yuan (about $44.4 billion) to support real estate developers struggling to finish
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Real Estate ‘Time Bomb’ and Mortgage Boycott by Homeowners in China; Enes Freedom on Human Rights
China is facing a growing mortgage strike. Unfinished homes and growing resentment toward banks and developers may be a ticking
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