Author of ‘China’s Great Wall of Debt’, Danny McMahon, says China’s eerie ghost cities are a ‘symptom’ of the countrys' economic troubles and housing bubble.
There are currently over 64 million empty apartments in China, with many people buying the properties as an investment with no intention of ever moving in.
Mr McMahon says private property developers will build housing in places which end up being ghost cities because they believe in the ability of the Chinese property market to only go up and up.