Why are so many houses in Gaoxing Xinyuan empty?

Many houses in Gaoxing Xinyuan are empty because:

1. Investment purpose: Gaoxing Xinyuan real estate is purchased for investment, mainly for rental or future appreciation. If the landlord can't find a suitable tenant or decides to wait for a better opportunity to sell, the house will be vacant for a long time.

2. Economic factors: Due to economic slowdown, poor job market or stagnant regional development, some houses are vacant. During the economic depression, the demand decreased, resulting in some houses unable to find suitable tenants or buyers.

3. Geographical location and market demand: Gaoxing Xinyuan house is located in sparsely populated or unpopular areas, with limited employment opportunities, inconvenient transportation or lack of infrastructure, which leads to imbalance between supply and demand and increases the risk of vacant houses. Gaoxing Xinyuan, located in Gaoxing, Pudong, Shanghai, was built by Shanghai Rong Hai Real Estate Development Co., Ltd., with a total construction area of 1 10000 square meters and 972 houses. The residential property company is Shanghai Xianxing Xinhui Property Management Co., Ltd.