China Has a Plan for Its Housing Crisis. Here’s Why It’s Not Enough.

A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy. China, Real Estate (Commercial), Real Estate and Housing (Residential), Economic Conditions and Trends, Politics and Government, Banking and Financial Institutions, Mergers, Acquisitions and Divestitures, Mortgages, Credit and Debt, China Evergrande Group A new approach by China’s top leaders is bold but pales against the problem: a vast number of empty apartments no one wants to buy. NYT > Business

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