It’s impossible to deny China’s many rags to riches stories. China’s progress and development are likewise impossible not to see. The business acumen and diligence of millions of Chinese people have brought them out of poverty, but things have gotten out of hand. Greed takes over and the desire for greater wealth has no limits. A privileged few start building castles out of sand and exploit the vulnerable. The whole real estate market soon becomes over-leveraged and when it collapses, everyone young and old, innocent and guilty all fall into the pit.