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Tag: real estate

China’s Housing Market: A Tough Sell Even for the Government

  • J-P. Pizzini
  • September 11, 2024
  • Emerging Markets
In May, China’s central government urged more than 200 cities to purchase unsold homes to reduce the surplus supply. Fast-forward three months, and only 29...
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Toward a Real Estate Crash in Germany?

  • J-P. Pizzini
  • March 4, 2024
  • Developped World
Fears about US commercial real estate have shaken German banks this month, but their message was clear: Don’t worry; most of our real estate exposure...
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The Bursting of the Chinese Real Estate Bubble: A Policy Mistake?

  • J-P. Pizzini
  • December 20, 2023
  • Emerging Markets
In 2020, the darling of bond investors was called Evergrande. Investors loved the debt of the Chinese real estate conglomerate. It was liquid, linked to...
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The day after tomorrow

  • J-P. Pizzini
  • October 6, 2023
  • MARKETS
Not long ago, the world lived in a time when money flowed freely and was inexpensive. Interest rates in the U.S. were close to zero,...
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The Credit Collapse in China

  • J-P. Pizzini
  • September 7, 2023
  • Emerging Markets
As the country’s real estate companies stumble, weak disclosure standards and contradictory communications are angering global bondholders and discouraging long-term investment in China. Dalian Wanda...
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At the dawn of a major real estate crisis

  • J-P. Pizzini
  • January 28, 2023
  • MARKETS
Nearly $175 billion in home loans are at risk of default. The rapid rise in interest rates and the end of easy money caused a...
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