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They keep building lots of unused housing and buildings. This would be a bubble in a western country, but I'm not so sure in China. Because they have 1.3 billio
by metamemetics 17y ago
They keep building lots of unused housing and buildings. This would be a bubble in a western country, but I'm not so sure in China. Because they have 1.3 billion people, and the majority live in the countryside and are not even allowed to move to the cities yet even though they want to.
- fauxgrass 17y agohow is giving someone a house they can't afford any different than leaving it empty? its a dead asset either way