A former Chinese official's dramatic comments are a rare critique of the country's struggling housing market, which has been in crisis since 2021.
  • LoamImprovement@beehaw.org
    2·
    9 months ago

    It is a bad thing! How are investors holding on to dozens of empty units at ridiculous prices supposed to get a return on investment if the market’s oversaturated with living spaces?

    Looks like we’re gonna have to start tearing them down to reduce supply.