OceanWide Plaza to Evergrande: China Crash Infects Los Angeles Real Estate and U.S. Stock Market
REAL ESTATE NEWS The Wu Flu isn’t the only alien virus making us ill. Contagion from communist China’s property market collapse is making made U.S. property markets sick. Fallen giant Evergrande has been called the “Leman Brothers of China,” referring to the collapse of a business that is too big to fail, yet allowed to …