13/07/2026
China's 20-Year Property Boom Is Over: Could India Face the Same Fate?
For nearly 20 years, China believed one thing... property prices could never fall.
For almost two decades, buying property in China seemed like a guaranteed way to build wealth.
Developers borrowed billions of dollars.
Banks kept lending.
People bought second, third, and even fourth homes, believing prices would always rise.
Then, in 2020, everything changed.
The Chinese government introduced stricter rules to control the massive debt taken by property developers.
Suddenly, companies couldn't borrow as easily.
Some of the biggest developers, including Evergrande, ran out of cash.
Construction projects stopped.
Homebuyers lost confidence.
Fewer people wanted to buy.