‘Build, pause, demolish & repeat’: Country plans to demolish 75 million square feet of buildings! SOURCE: East Coast Daily

"The Telegraph reports that analysts have said Beijing has adopted a ‘build, stop, demolish, repeat’ program as Chinese policymakers attempt to control supply to avert a decline in real estate prices and promote economic activity through more development. The Chinese government is allegedly delaying construction on tower blocks and other buildings that could house 75 million people, or more than the total population of the UK, in a bid to rescue the country’s struggling real estate market."