On July 3rd, rumors that a 30-year-old female employee of China International Capital Corporation, Zheng Wenlu, jumped to her death because she could not afford her mortgage after a salary cut became a hot topic on Weibo. Did Zheng Wenlu really die because of her mortgage? Why did she take on such a high loan? What is the future trend of housing prices in China? At what stage is the Chinese economy? How should ordinary people cope?
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#Wang Zhi'an #China International Capital Corporation #Zheng Wenlu #Mortgage #Shanghai #Zhejiang University #Richard Koo #Balance Sheet #Double Pressure #Pursued Economy