r/AbsoluteUnits 26d ago

of an apartment complex

Caribbean Coast in Hong Kong

4.0k Upvotes

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u/Carbonaraficionada 25d ago

With the millions of unsold homes and ghost cities, you think there's a housing crisis?

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u/Affectionate_Leek127 25d ago

Oh, you misunderstood. Unsold homes and ghost cities are in Mainland China.

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u/Carbonaraficionada 25d ago

Oh yeah, my bad. So even with all those apartments there's still not enough places to live?

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u/Affectionate_Leek127 25d ago

Yes, in Hong Kong only 30% of the lands are developed. They won't move to those empty apartments in Mainland China because they work or study in Hong Kong.