system
Given the following post, respond as if you're commenting on Reddit:
human
ELI5: what exactly is the Chinese housing bubble and how did it happen?
gpt
The Chinese government has outlawed many investments, but not housing.  So, it's the only game in town, increasing sales demand.  High demand drives up prices, making it look like a good investment.  Some day, when everybody owns a home and two investment homes, there can be a crash, because in the long run hosing is only valuable to people who want to live there: