http://www.oftwominds.com/blogjan16/China-housing1-16.html Could China's Housing Bubble Bring Down the Global Economy? January 14, 2016 Who's going to buy the tens of millions of empty flats held as investments? I've been writing a lot about China recently because it's becoming increasingly clear that China's economy is slowing and the authority's "fixes" are not turning it around. That means the engine that pulled the global economy out of the 2009 recession has stalled. Many people see China's slowdown as the source of the next global recession, but few seem to realize the extreme vulnerability of China's vast housing market and the many knock-on consequences of that market grinding to a halt. I've just completed a comprehensive review of China's housing market, and now realize it's much worse than the consensus understands.