Adding a bullet point, China has huge domestic demand for real estate investment properties based on price appreciation rather than rental income and the idea that physical real estate will have long term intrinsic value. I think a lot of the units have been sold to middle class Chinese, hence it had to exist but nobody planned to live there
Adding a bullet point, China has huge domestic demand for real estate investment properties based on price appreciation rather than rental income and the idea that physical real estate will have long term intrinsic value. I think a lot of the units have been sold to middle class Chinese, hence it had to exist but nobody planned to live there
an excellent addition to that list i cobbled together... there are many reasons why they did this, honestly we are just giving the most obvious ones.