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How many people can soak up that high priced unused real estate? Not that many. I expect there to eventually be a housing and infrastructure crash in China, but
by Latteland 8y ago
How many people can soak up that high priced unused real estate? Not that many. I expect there to eventually be a housing and infrastructure crash in China, but maybe they can absorb it because they are so large.
- nopinsight 8y agoOne also needs to consider saving rate (very high) and mortgage policy to answer that question.