[NicoJuicy]

I'm curious, someone mentioned me about the (lot of ) empty buildings in china (or big cities).

Banks lend to people with the right connections (it's otherwhise impossible), they get an easy loan with the building as insurance.

They invest 25% of the money, leave with 75%. The bank takes the building back and no one can live in it.

Is that right (asking to the ones living there)

[akfanta]

> someone mentioned me about the (lot of ) empty buildings in china (or big cities).

In some smaller cities, yes. The demand is always higher than supply in the big cities like Shanghai/Beijing/Guangzhou/Shenzhen.

> Banks lend to people with the right connections (it's otherwhise impossible), they get an easy loan with the building as insurance.

Having the right connections will make your bank loan a lot easier, but if you are qualified, you certainly can still get one without connections.