you could be a nicer person when you converse. China has overbuilt, including in some places that haven’t worked out. so yes, there are empty places. but some of the once infamous ghost cities are now thriving, and they don’t broadly have housing shortages in their superstar cities. 1/

they err on the side of overbuilding, and then the problem they face is making the places they’ve built desirable. which they’ve had some success at doing. sure, incomplete success, there are empty buildings and disappointed investors. a much better problem than we have. /fin