Quanta Traders
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16/09/2022
The market has fallen 24% without big capitulation. We must pay close attention to this graph to be able to measure the minimums or if we are close to touching them. 📉📉📉🔥
You have to work inside of you!!
12/07/2022
China’s real estate market is in a slump, kicked off last year by Evergrande’s debt default. Overindebted developers have been reined in through the Three Red Lines policy, which has tightened leverage requirements. Other property developers, including Shimao and Sunac China Holdings, have also missed debt repayment deadlines. This sudden decline in the real estate sector lies in stark contrast to the heady times experienced in previous years, when officials constantly warned consumers not to speculate in this market. Now, overindebtedness due to mixed incentives for development is threatening to take down major real estate firms.
The data shows that we are in a real estate bubble when
> Growth represents more than 20% of GDP
> When China cannot raise the interest rate because it would drive the real estate market away. Nobody wants to buy!!
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