Much of those houses in China are not built in desirable cities but in ghost town that have little to no people living in them. There aren't million of chronica

Much of those houses in China are not built in desirable cities but in ghost town that have little to no people living in them. There aren't million of chronically vacant units in Shenzhen. One could just as easily point to vacant houses outside Detroit. Housing isn't just about the number of houses in a given country. It's about having available housing where the demand is growing.