You can't borrow from your equity. They're worthless.
Falling Prices and 70 Million Empty Apartments: What's Happening to China's Real Estate Market?
https://realting.com/news/china-s-real-estate-crisis
You can always count on government to screw things up. When my daughter returned from China she commented on the number of empty apartment buildings.
They are still doing so many things right. I think China is gonna surpass us:
"Renewable sources (including wind, solar, and hydro) now make up more than 50% of China's maximum theoretical power capacity."
"Renewables account for about 35% of total generation"
Too many Americans ignore what is best for us. I don't make any money off of fossil fuels. I don't own a coal mine or an oil field. It's going to be better, cheaper, cleaner. We may not even need power lines and all that infrastructure. Eventually it will be so cheap and efficient, you can just have your own solar panels and batteries. Some places are even covering parking lots with solar panels. Batteries are getting better and better and so are panels.
"North Carolina, businesses like Green State Power have built large commercial canopies, including a 1 MW system in the Research Triangle Park area. Raleigh-Durham International Airport also uses solar canopies in its Park Economy 3 lot to power its own facilities."
It's the future. We are behind the curve.
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