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China’s Housing Bubble Has Burst: Here’s Why
Homebuyers in at least 100 Chinese cities have threatened to stop their mortgage payments since late June as construction on many pre-sold properties has not resumed, according to Reuters.
Citizens have taken it to the streets in an attempt to get the government’s attention. The mortgage protest became a rare act of public disobedience in China which has gained more momentum as the crisis continues, shaking the foundations of the Chinese economy.
Rebuilding the Vancouver Art Gallery, a Decade Later
Over 10 years ago, Vancouver Art Gallery staff voiced that the current gallery was too small and inadequate for exhibits. Now, in 2022, construction for a new gallery is underway.