Here’s the rub with Chinese real estate and the economy in general. Yes, it’s true there could be demand for these “modern” homes but the govt can’t afford to i

Here’s the rub with Chinese real estate and the economy in general. Yes, it’s true there could be demand for these “modern” homes but the govt can’t afford to increase the standard of living too rapidly (or much at all). Meaningful wage increase will effectively kill the Chinese economy especially as we accelerate into autonomous manufacturing.