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A comment on What Does Evergrande Meltdown Mean for China?. Parent comment

Re:What Does Evergrande Meltdown Mean for China? by endisneigh on Thursday September 23, 2021 @11:28AM (#28630609)
So what? USA has more empty homes per capita (17 million for 330 million citizens, vs. 60 million in China for over 1.3 billion). If you compare it by density it looks even worse for the USA.

In any case, it's not really a useful, or meaningful metric anyway.

https://www.abc.net.au/news/2021-09-21/china-property-bust-e...

https://data.census.gov/cedsci/table?t=Vacancy&d=ACS%201-Yea...

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Re:What Does Evergrande Meltdown Mean for China? by frenchy on Thursday September 23, 2021 @11:51AM (#28630926)
> So what? USA has more empty homes per capita (17 million for 330 million citizens, vs. 60 million in China for over 1.3 billion)

I have no horse in this game, but 17/300 = 5.2% and 90/1300 = 6.9%. (edit: wikipedia says population of China is 1.4 billion, which would give 6.4%).

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Re:What Does Evergrande Meltdown Mean for China? by endisneigh on Thursday September 23, 2021 @11:55AM (#28630977)
you're using the wrong numbers here.

17/330 = 5.2% 60/1400 = 4.2%

the grandparent poster was mistaken (the 90 million represented the amount of people the empty housing could house, not the amount of empty homes itself) so I found real number and included the link.

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Re:What Does Evergrande Meltdown Mean for China? by frenchy on Thursday September 23, 2021 @12:19PM (#28631293)
Oh! That makes a difference.
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Re:What Does Evergrande Meltdown Mean for China? by sizzle on Friday September 24, 2021 @09:14PM (#28649500)
Yeah but out of that USA total, how many vacant properties are from foreign investors, let alone Chinese investors trying to stash their wealth out of reach of the CCP.
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