I saw this in Thailand in the late 90s. We all remember how that played out. China has more money and so a bigger bubble, but a bubble no less.
the figure of empty dwelling units is somewhere between 150000000 and 450000000 .... when this bubble bursts ... holy shit
I only used this As an example .... this one is just potemkin stuff ... The peasants who cobble these colourful White brick and mortar elephants together are hoping for compensation.