When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions. China, Economic Conditions and Trends, Real Estate and Housing (Residential), Banking and Financial Institutions, Mortgages, Foreclosures, Qingdao (China) When the housing market was flying high, mortgage defaults were almost nonexistent. But now the legal system is struggling to keep up with evictions. NYT > Business
Foreclosures in China Soar, Threatening to Choke Off Bank Profits
