The Failure of Socialist Housing in China: A Saga of Uncompleted Homes

China’s housing market is grappling with a formidable challenge: millions of homes sold but remain unfinished, a problem rooted deeply in the nation’s socialist approach to the housing industry. This situation is not just an economic conundrum but a telling example of the pitfalls of a heavily state-dependent industry. The Chinese government’s strategy in the … Continue reading The Failure of Socialist Housing in China: A Saga of Uncompleted Homes