Kangbashi district in Inner Mongolia’s Ordos city typifies the “ghost towns” - new housing districts fuelled by easy loans and speculative capital - that have sprouted up all over China. This city, built in a desert, remained empty as of February 16, 2017. Photo: SCMP/Simon Song

A fifth of China’s urban housing supply lies empty, equivalent to 50 million homes

  • Soon-to-be-published research shows 22 per cent of China’s urban housing stock is unoccupied, said Professor Gan Li, who runs the nationwide study
Topic |   China property

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Kangbashi district in Inner Mongolia’s Ordos city typifies the “ghost towns” - new housing districts fuelled by easy loans and speculative capital - that have sprouted up all over China. This city, built in a desert, remained empty as of February 16, 2017. Photo: SCMP/Simon Song
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