Social Discontent Grows in China – Many Homeowners Stop Paying Their Home Loans.

A way to put pressure on real estate developers, but it risks aggravating the real estate crisis in China.

Examples are multiplying in China.

Mr. Wang, a young married man, was getting ready to move into their new apartment with his pregnant wife. But the dream turns into a nightmare with the real estate crisis in China which prevents some developers from completing the work. To buy the apartment, three years ago, the 34-year-old father-to-be took out a loan …