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Home rents drop by 20 per cent in Shanghai as expats and wealthy mainlanders leave the city due to psychological scar left by a citywide lockdown

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The decline in China’s housing market exacerbates the crisis in the property market, where sales have slowed to a trickle due to the combination of a slowing economy and an ongoing mortgage boycott by borrowers.




The decline in China’s housing market exacerbates the crisis in the property market, where sales have slowed to a trickle due to the combination of a slowing economy and an ongoing mortgage boycott by borrowers.

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