These English-speakers live in China and talk about extreme gov’t corruption behind the real estate collapse. Luxury houses are made of poor materials, even styrofoam, sold to investors, then the investor makes some money over a year and resells it. The workmanship is terrible. People wanting to rent guy #1 apartment would come calling at 11pm or even midnight daily, the landlord would unlock the door for him. Renters have no rights in China, leading to corruption of property investors, resulting in a collapsing real estate bubble. Tall apartment buildings are made to look nice with a good cleaning crew and restaurants on site, then a year after it opens that all stops and the restaurants close.
https://www.youtube.com/watch?v=lKbLB_T-IjY
There is an ongoing list of problems in China here: https://wordsalad.info/tag-md-chinaproblems.md
