It’s hurting their growth, but the destruction of their housing market is what’s really underlying their economy’s problems. Put together with inflation and Zero Covid and my god… they’re going to be in so much trouble. The question is how long it takes, how long can the CCP cover the holes up before people realize they’ve broken the social contract? “You make me more prosperous, but in return I have no freedom.” That was the deal, and the CCP are covering up the fact that they can’t hold up their end.