原推：Chinese residential real estate:
$51 trillion in owned assets
$11 trillion in-progress
A small % price correction would make for a large $ value destruction. https://t.co/eWVtunqppa
Why does the property market in China matter so much?
Because it’s likely the largest asset class of any kind in the entire world, by a fair amount. Currently estimated to be a total of $62T in total value! https://t.co/OCjrSLqvj0