205
submitted 2 years ago by [email protected] to c/[email protected]
you are viewing a single comment's thread
view the rest of the comments
[-] [email protected] 3 points 2 years ago

And yet China keeps populating these "ghost towns" over and over again. Almost like the term is nothing more than a xenophobic, alarmist misnomer.

[-] HobbitFoot 5 points 2 years ago

If this was five years ago, I'd agree with you. But the Chinese national government has been clamping down on new construction for the past few years. China is also experiencing almost no population growth.

There was always going to be a time for China to stop building housing because the supply would eventually outstrip demand. Now seems to be near that time.

this post was submitted on 24 Sep 2023
205 points (91.8% liked)

World News

36295 readers
1255 users here now

News from around the world!

Rules:

founded 5 years ago
MODERATORS