China’s Problem With Unfinished Homes Keeps Getting Bigger
Updated Nov. 19, 2023 12:01 am ETChina’s housing market has a big problem: millions of unfinished homes that were sold but not delivered.Solving that is crucial for a recovery, but the problem keeps getting bigger. More property developers are defaulting on their debt and adding to the logjam of construction delays and stalled residential developments across the country. Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8