Oh yeah on that front, China's fucked and they have a housing crisis like every other country. Did I say like every other country? Well, not quite. See, their problem is that they have the opposite problem. China's current housing problem is that they've built too much housing so there's a real threat of an industry collapse just because there's too much housing! A glut of housing.

What fools!

It’s almost like deliberately and softly collapsing a speculation industry could be a good thing for the majority of people.