When very few can purchase a luxury suit in a ghost city in china, the infra build costs were high, but the available buyer population is way fn low - its inver

When very few can purchase a luxury suit in a ghost city in china, the infra build costs were high, but the available buyer population is way fn low - its inverse to supply&demand when it comes to chinese real estate. The buyers would have to fund ALL the infra to power, water, feed such ghost city homes, and where will they work? I used to work with a guy in SF that had a consultancy that would bring chinese 'students' on tours of the US to various universities to have them pick where they wanted to go to school. These were the children of chinese oligarchs - and they would land in SFO with luggage full of cash - and, not knowing how things worked in the US, would jusr bribe their way through every transaction at ~$10,000 a time... The chinese oligarchs own more of america than you may know.