Mindblowing Fact Of The Day: China Has Over 52 Million Vacant Homes
• http://www.zerohedge.com, Tyler DurdenOver 1 in 5 homes (with $674 billion of mortgages) in China stand empty... and if you think that urbanization will fix that, as WSJ reports, a 10 percentage point rise in the urbanization rate (already at 54%) would result in only a 2.6% drop in vaca