China’s High-Rise Apartments Turn Into Dangerous Slums: 130 Million Empty, Prices Collapse
China’s High-Rise Apartments Turn Into Dangerous Slums: 130 Million Empty, Prices Collapse
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So, why are there so many vacant homes and unfinished buildings? Don’t many people still need housing? Aren’t the homes of owners who stop paying seized through foreclosure? What’s really going on? Recently, industry insiders have revealed some shocking secrets.
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