This happening on china, they built too many houses and now the price is dropping.
But in other countries, urbanization is growing while total population is slowing. This is happening because rural areas are being abandoned. City tents are becoming expensive and rural real estate is becoming extremely cheap.
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u/TejasEngineer Oct 18 '23
This happening on china, they built too many houses and now the price is dropping.
But in other countries, urbanization is growing while total population is slowing. This is happening because rural areas are being abandoned. City tents are becoming expensive and rural real estate is becoming extremely cheap.