stated there are over 64.5 million vacant flats according to utility companies. If this is true, that means the affluent are hoarding housing, drove up housing to ridiculous levels in the hopes of somehow making a profit.
Are the affluent Chinese rich enough to hold onto these homes and continue to make payments and avoid massive sell off and foreclosures?
Are the affluent Chinese rich enough to hold onto these homes and continue to make payments and avoid massive sell off and foreclosures?