October 20, 2021
Real Estate

China’s Ghost Cities Offer a Look Into Its Huge Housing Market Problem

  • One-fifth of the homes in China — at least 65 million units — are empty.
  • That means there’s enough empty real estate in the country to house the entire population of France.
  • China’s ghost cities are a sprawling testament to its reliance on real estate as a driver of economic growth, and in its belief in the sector as a safe investment.

Read full article here: www.businessinsider.com