CXMT is already under a full set of US long arm sanctions so probably only very little of their products will ever reach western markets.
However some Chinese demand will definitely be met by CXMTs product displacing western suppliers - so maybe there is a tiny bit of relief for western consumers there.
I recall years of hints that the affordable housing crunch would eventually be helped by developers - even tho they're only building tons of not-affordable housing.
We're five years in. No meaningful change is visible from the perspective of folks who need affordable housing.
Based on that lesson, I expect what CXMT does there to have no meaningful effect here.
If I may ask, what cities? For example, Austin has seen a 6.6% asking price decrease for 0- to 2-bedroom units [1]. The big problem is there is an absolutely massive hole, and very few places are building "enough" to make a dent.
[1] https://www.realtor.com/advice/hyperlocal/austin-rents-are-g...
Downvoting doesn't answer my question though.