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Nanchang, Once a Symbol of China’s Growth, Signals a Housing Crisis

May 25, 2023

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Nanchang’s skyscrapers represented urban transformation, but the city added apartments faster than its population grew. The result: vacant homes and offices.

By Daisuke Wakabayashi and Claire Fu | NYTimes | NYT > Business | Disclosure

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Nanchang, Once a Symbol of China’s Growth, Signals a Housing Crisis

Nanchang’s skyscrapers represented urban transformation, but the city added apartments faster than its population grew. The result: vacant homes and offices.

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