Sometimes, you misspeculate. Some developers lost a whole fuck ton of money on the project, but that’s more than made up for if you can turn a profit on projects near big cities (which demand is still sky high for).
China isn’t really limited by construction resources. There’s a heavier constraint in terms of hospital staff and teachers than there is on construction resources.
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Sometimes, you misspeculate. Some developers lost a whole fuck ton of money on the project, but that’s more than made up for if you can turn a profit on projects near big cities (which demand is still sky high for).
Is anyone? If I have to choose between “housing shortage” and “housing surplus” I know which society I would prefer.
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China isn’t really limited by construction resources. There’s a heavier constraint in terms of hospital staff and teachers than there is on construction resources.
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They’re also building hospitals and schools so…