Could China’s Housing Boom Go Bust?

The Glorious Peoples Communist Party will never fail China!

My mother started to invest in real estates in China since 2003, and last year she has already sold all her properties in China. She told me that the housing bubble has busted already. China has been throwing lots of cash into the real estate market and stock market to hold them not to crush to the ground. But most rich people in China know what is happening, so they have been buying many assets overseas to transfer their money out of China. However, this year China government has warned many companies and gave them this kind of message like "Don't think about escaping with your money. If I die, you will die with me. " As you mentioned, rich people in China used to invest in the Real Estate market. If the economy of China is still stable and the country still has money, the markets won't burst. But now the fact is that we see so many Chinese companies trying to flee from China, so it is clear that China's economy is already at the edge of bursting.

Houses not worth the time. that's why I live in a cardboard box 📦;)

If the value of the property is being set artificially (and it is due to government constrictions on economic development) then it is a mathematical certainty that the valuations will at some point reset to a point closer to their TRUE value, i.e. collapse.