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China's 1.4 billion population isn't enough to fill the country's empty homes, former official says
(www.businessinsider.com)
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this post was submitted on 24 Sep 2023
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65M is what percentage of 1.4Bn? It's about 5%.
5% oversupply is pretty reasonable, especially given that the housing isn't fungible and the populations are more mobile than the houses are.