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follow tovarichpeter 2019 Jul 22, 8:20am
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China risks a Civil unrest, if they don't move people into their ghost Cities. If I were Xi, I would mandate people have to move into those Cities. I would hold lotteries of everyone not a Home owner. And if your number comes up, you have to move. The over crowding in their major Cities is not sustainable.
Of course, most of the buildings in Ghost Cities are not finished. In China, the developers sell unfinished buildings and the buyers pay to finish them (the interior walls and finishing, etc). And those semi-open buildings have been rotting there for years, too.
Even though most did not sell, they are baked into their GDP as if they did