A Chinese programmer died in hospital after fainting while working at home late last year.Gao Guanghui (transliterated), 32, allegedly died of cardiac arrest, leading his family to believe that he died from overwork.According to Chinese media, he was promoted to department manager recently and had consistently been working long hours prior to his death.In addition to programming tasks, he was...
https://www.reuters.com/world/china/even-chinas-14-bln-population-cant-fill-all-its-vacant-homes-former-official-2023-09-23/
For the housing thing
Super weird. I didn’t know about that.
Probably the state invested so heavily in the sector that they created a bit of a bubble. Then to have them slow down suddenly would pop it.
I think it’s wasteful but not as bad as having not enough houses for everyone and a housing market that’s sucking most of the populace dry.
With a bit of innovation, maybe the market will find a use for all the apartments.