America’s real estate fall could be viewed as a hiccup compared to what China might be facing when their current economic bubble pops.
Could China be setting itself up for a major fall by pushing economic growth with these massive ghost cities?
Well, it certainly looks like that is the case with prices not appearing to come down to affordable any time soon. I wonder who they think is going to buy all those places?
Maybe they are looking for foreign investors?
Who knows. All I know is that I would be mightily pissed off working in China and seeing all those empty houses…
