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China’s Housing Market Has Plenty of Space but Not Enough Buyers
- anonymouslambda 4y agoWill the year of the Linux desktop or China's housing collapse happen first?
- etempleton 4y agoIt feels like China’s housing market has to collapse eventually but perhaps buying and holding real estate is as ingrained as buying and holding stock for retirement is in the US. It just feels incredibly wasteful to have towers of empty apartments, but perhaps I am missing something.
- kelipso 4y agoI feel like it's the scale of China. It's apartment complexes empty totaling 4 million homes, sure, but with 1 billion people, say 200 to 400 million homes, that's 1 to 2% of the total. And 60 billion square feet is less than 20 square miles, so really that much in the scale of things.
- klooney 4y agoYIMBY paradise?
- toomuchtodo 4y agohttps://archive.is/lucKE https://archive.is/lucKE