China's housing bubble deflating - latimes.com
Home prices and sales plunge after China's government intentionally slams on the brakes. Some recent buyers stage demonstrations, destroy real estate offices and demand refunds of up to 40%.
And remember: nearly all the new housing in China is in CIDs--condos and HOAs. And their management companies make ours look like pussy cats. They hire security firms that actually beat people up for complaining.