Comments by "May L" (@MeiinUK) on "China’s Youth Fully ‘Lie Flat,’ 20-Year-Olds Moving Into Retirement Homes 60 Years Early" video.
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In China, they retire around 50. You need to find other ways to make an income for the next 30 years. So.. that is why they were pushed to be living in denser cities and urban areas, and by doing so, play the flipping game... the only thing is, the late comers, didn't know which direction. Cos many cities were in first and second tier cities... But the Evergrande thing, happened to third tier cities. Some good businessmen, tried to catch those downfalls.. so that the effect is NOT as big.. but the way has been capped. So now, rebalancing for China is important... and well.. some have been prosecuted for the financial issues etc. So..... that is why, such places, are basically a "safe haven" for those individuals to stay away from the chaos. Or something to that effect.. or other...
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