A strong economic outlook, rapid infrastructure development, FOMO, and a wide range of options in a widely evolving market are fueling the housing boom in the Mumbai region.
Chased by debt collectors over a mortgage delinquency, many Chinese households are struggling to repay their loans amidst a property sector crisis and mounting local government debt. The rising number of foreclosed homes and mortgage delinquencies could have negative effects on property prices and consumer confidence, posing challenges to China’s economic stability.
