If you go to this link:
they have an amazing video showing whole cities in China being deserted, because people cannot afford to buy them. The Chinese government is determined to keep GDP high no matter what, and the easiest way is to keep building apartments which no one can afford. The irony is that so many people want to live in these apartments but they are too expensive. It seems that China is setting itself up one mother of a property bubble. The next few years should be interesting as it all collapses, and along with it everyone involved in the project.