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China's population will start shrinking around 2025, and there's a real estate bubble that's clearly starting to deflate right now. Obviously China is still a
by thematrixturtle 4y ago
China's population will start shrinking around 2025, and there's a real estate bubble that's clearly starting to deflate right now.
Obviously China is still a poor country and there's a lot of housing stock being upgraded, so it's not going to be a complete collapse, but I do expect construction to slow down both in the short and long term.
- missedthecue 4y agoChina still has a lot of urbanization to do.
- thematrixturtle 4y agoDepopulation hits the non-urbanized areas first, since the first thing young people in the countryside do is move to the big city. Much of China will never be urbanized.