• China has at least 65 million empty homes - enough to house the entire population of France. It offers a glimpse into the country's massive housing market problem

    13 days ago - By Business Insider

    Unfinished buildings and vacant streets in Xiangluo Bay. Yujiapu & Xiangluo Bay, a new biggest central business district under construction in Tianjin , has been expected to be China's Manhattan, now is reported as a Ghost city. The nation's slowing economy is putting the project into jeopardy.
    Zhang Peng / Contributor / Getty Images
    One-fifth of the homes in China - at least 65 million units - are empty.
    That means there's enough empty real estate in the country to house the entire population of France.
    China's ghost cities are a sprawling testament to its reliance on real estate as a...
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