China's Property Crisis: Real Estate Crashes and Over 1 Billion Extra Homes Built

China’s Property Crisis: Real Estate Crashes and Over 1 Billion Extra Homes Built

China has enough houses to shelter 3 billion people. That is more than a third of the world’s population.

Tens of millions of properties have been built, millions have been bought, but nobody is moving into them.

It all has to do with Chinese investment patterns and the government’s desire to show economic growth.

But there’s more to it than that, so stay till the end to find out the entire story.

In today’s video we look at China’s Property Crisis: Real Estate Crashes and Over 1 Billion Extra Homes Built

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Inspired by China’s housing crisis deepens as Evergrande shares slide – BBC News

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