50 million empty flats – a ticking time bomb in China’s housing market - South China Morning Post

8/13/2022 12:00:00 AM2 years 8 months ago

The average vacancy rate in mainland China is 12.1 per cent, according to the Beike Research Institute, creating a ‘risky’ situation in which millions of unoccupied units could flood the crumbling market.

Published: 10:00am, 14 Aug, 2022 Updated: 10:47am, 14 Aug, 2022

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