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Yes, it is very bad.
Do you know what they will do with those ghost cities?
They should have invested their money wisely, and build as close to the main city as possible.
At least that way the houses would actually be used!

Their central planners have been buying up gold, bitcoin hashrate, and investing in nuclear power so long term there is little risk to their power structure. The average person on the other hand might have problems.

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There will be risks when stuff starts to collapse.
Their economy is really shaky a the moment.

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Demolish and build back better

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Is it even worth wasting the resources to demolish those ghost cities?

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It's all topsy-turvy, there's so many people in the world who need a place to live and here's a load of nearly completed places to live that will just crumble to nothing. Madness.

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