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Much Of China's Growth Was Property Development
But after overbuilding housing they ran out of money and now the country has a lot of abandoned properties.
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Much Of China's Growth Was Property Development
But after overbuilding housing they ran out of money and now the country has a lot of abandoned properties.
Sam Smith likes this.
anubis2814 reshared this.
Bob Lai
in reply to Whuffo • • •Kenny Chaffin
in reply to Whuffo • • •Whuffo
in reply to Whuffo • • •Bob Lai
in reply to Whuffo • • •That's been true since the 1990's. The government would roll into a remote village and build housing, but no infrastructure.
The housing being an empty concrete barracks.