I saw a video on Reddit showing the demolition of dozens of vacant high rise buildings in China. In addition to what you might expect, the comments alleged a “Ponzi scheme” in the housing market, and that some were still paying mortgages on the destroyed buildings. Any idea what’s happening on that front?

  • Oatsteak
    link
    132 years ago

    Maybe they were falling apart. There’s no context so who knows? I mean other than all the China experts on reddit, obviously.