42 China now has excess homes for 150 million people. A 1,200 sq ft home costs $86,000. This is what happens when a country has no mass immigration. (asia.nikkei.com) posted 285 days ago by scata90x 285 days ago by scata90x +42 / -0 Housing glut leaves China with excess homes for 150m people Market hit by a double whammy of weak sales and population drop 14 comments share 14 comments share save hide report block hide replies
They have been imploding entire ghost cities of high-rise buildings. They were all built for the purpose of creating Trillions of dollars' worth of investment derivatives to rob the world.