Former Valencia and Barcelona star Gaizka Mendieta warns that 40 to 50 percent of retired players go bankrupt within five years, often after pouring their savings into property they cannot manage.
Tianjin will require developers selling homes before completion to finish a building's main structure and put all buyer funds under full supervision. The move follows a nationwide push to curb unfinished-project risk in Chinese real estate.
After nearly two decades in Hong Kong and a decade of renting, former TVB actress Wang Junxin has bought her first home. She credits motherhood and a cooler property market for the move.
During the Mid-Autumn holiday, real estate agents in Beijing, Shanghai, Guangzhou and Shenzhen reported rising viewings and deals as developers rolled out steep discounts. Analysts call it a seasonal rebound, not a full recovery, with demand concentrated in scarce, well-located projects.
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