China's home-price slump deepens to new 9-year low despite stimulus

For those who only own one home, this is not really a bad thing. They don't survive off of the equity of their house. It's a house. It provides shelter and amenities. They will even pay less on property tax.

This really only hurts those that own more than one home. And to that I say, Fuck Em.

Wasn't Evergrande supposed to collapse a year or two ago?

Diversify your investments is literally the first thing anybody learns about investment.

Also, let me cry for those poor rich people with still 3 houses left, they're going to end in poverty if it's worth less!

You wouldn't like it if you owned three houses

Hold on, let me get out my XXS violin

Boo hoo, I own one house and have all my savings in it. Go sell 2 of them and live in the 3rd, let someone else use them without needing a parasite middleman between them and housing.