If not property, then how can China prosper and flourish? If they 'kick out'/deincentivise foreigners what is left? How will they be able to create jobs and pay salaries that are with the times? I see a bumpy road up ahead. I admire that they want to lower the property costs to make them more affordable for the average Joe but without decent jobs/wages it gonna be hard to go forward with this goal. We shall see.
There ARE plenty of ghost towns. As mentioned by @Sezuwupom. The longer they stay vacant the higher the chances of these massive Hi-rises will rot. With heavy rains/snow and the like, I would prefer to buy a second condo that is already finished and operational 100%.
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