lol wut, reality is PRC urbanization is increasing at 1-2 percent per year. Housing sales are down by 1/3 due to RE crackdown, but they haven't stopped. Speculators have stopped buying, people who need a house to live in / urbanize are still buying. Useful idiots are pretending entire RE market is destroyed, but it's just less than what it was.
clouddrover|2 years ago