Real estate is an asset class just like any other asset that is traded.
With respect to them giving money unfront for building, they got scammed. It is a criminal matter. But why should other people socialize their bad choices.
Bail out mechinsm done in the west is the most retarded way to deal with these issues and it creates incentives for owner class to scam taxpayers.
Proper fucking journalism... Won't hear this shot in the fake news lol
But fuck it let's give them billions of dollars for capex after they blew billion sof dollars on share buybacks and ran the company straight into the ground