Likely to become future slums like what the UK built post world war2?
They are beginning to run out of ideas. The finaly stage of a housing boom?
Surely the present population is living in houses/units somewhere, so what will become of these?
What will all those extra people in the cities do? Join the government sector and the FIRE (finance, insurance and real estate) industries? How productive has that been in UK, USA, and Australia?
They can not export more goods to USA which has a trade deficit.
Looks like Jim Chanos will make a killing on this Chinese malinvestment. But when?
