Chinese house prices have crashed to their lowest level in 20 years, with homeowners who bought in 2005 now in the red as a ...
It's been said that even China's population of 1.4 billion couldn't fill all the empty homes. Many are high-rise apartments in gleaming new financial districts that initially failed to take off.
QIDONG, China (AP) — After China’s debt-fueled real estate bubble popped, vast housing developments across the country were left partially abandoned — including “Life in Venice," a sprawling ...