Real Estate ‘Time Bomb’ and Mortgage Boycott by Homeowners in China; Enes Freedom on Human Rights
China Insider
China is facing a growing mortgage strike. Unfinished homes and growing resentment toward banks and developers may be a ticking time bomb. For the Chinese regime, a third of the economy is on the line, with upward of $2 trillion in home loans. Meanwhile, the protest over what Chinese residents call “rotten tail buildings” reaches more than 300 properties. I recently interviewed Enes Kanter Freedom at the International Religious Freedom Summit. We go in on his journey defending human rights in China and his reasons to keep going.
China Insider
China is facing a growing mortgage strike. Unfinished homes and growing resentment toward banks and developers may be a ticking time bomb. For the Chinese regime, a third of the economy is on the line, with upward of $2 trillion in home loans. Meanwhile, the protest over what Chinese residents call “rotten tail buildings” reaches more than 300 properties. I recently interviewed Enes Kanter Freedom at the International Religious Freedom Summit. We go in on his journey defending human rights in China and his reasons to keep going.