it is instead a chaotic, disruptive, maladaptive mess.
========
You don't know in China it is like active hot war within major cities. Compared with there it is quite mild here. 7 or 8 of top 10 world cities with highest growing house price are Chinese cities this year. 
This month in 10 days Beijing issued 9 decrees/by laws to cool speculation of real estate. Chinese think you're just piece of cake.