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Comments by "" (@TheDavidlloydjones) on "Why 50 Million Chinese Homes are Empty" video.
It is not true as claimed at 1:06 that China has more houses than people. It certainly has tens of millions of empty apartments, and the fifty million figure given here is quite possibly true. On the other hand, it still has 400 million people living totally outside the post-Deng Xiao-Ping economic miracle. Until very recently this number was 950 million, and Chinese planners offhandedly called them "the ninety-five." From 950 million to 400 million is a huge reduction in dire poverty. The 400 million left are still a huge challenge. The Chinese are working on it, with great ability, energy, and authoritarianism. Some good. A lot of bad. Stay tuned.
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