The Real Estate Crisis in China, the Potential Effects of This Crisis and Predicting House Prices with Machine Learning

China will be the country that will contribute the most to global growth in the next 5 years. 22.6% of the total growth will come from that side. Considering that even America’s share will be 11.3 percent, this is a very high rate. The value of China, which has such a large economy, is increasing even more in our globalized world. <img alt="" src="https://miro.medium.com/v2/resize:fit:630/0*HIrOOVhyJeTCCNGb" style="height:488px; width:700px" /> I left the graph below about the growth rates of China since 1975. The decline in economic growth since the pandemic still continues. Expectations for this year say it will be around 3%. This again poses a risk to the global economy. <img alt="" src="https://miro.medium.com/v2/resize:fit:630/0*cg1jZk3NFZp7sCj6" style="height:428px; width:700px" /> Especially from the end of 2022, we see decreases in production and orders placed in China. Again, this poses a risk for the Chinese economy, and indirectly for all world economies. <a href="https://medium.com/@okanolgun980/the-real-estate-crisis-in-china-the-potential-effects-of-this-crisis-and-predicting-house-prices-2a763385fd21">Click Here</a>