Chinese homeowners watch $1.4 trillion vanish as property prices drop 11%
Key Points
- Chinese home prices dropped 11% in August 2025, signaling a ...
Chinese homeowners just experienced the financial equivalent of watching their Netflix subscription auto-renew for the next 50 years. New home prices across 70 major cities plummeted 11% in August 2025, wiping out wealth faster than a day trader's first options attempt.
The September 15 data release confirms what many suspected: Beijing's earlier market stabilization efforts worked about as well as using duct tape to fix a leaky dam. The property sector, long considered the Fort Knox of Chinese household wealth, is now looking more like a clearance sale at a failing department store.
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