China’s housing bubble became one of the most viral economic stories of the 2010s, symbolized by ghost cities with empty skyscrapers and deserted malls. Property prices soared, fueled by speculation, debt, and government policies encouraging investment in real estate. Viral videos showed apartments selling out in minutes, while families invested life savings in property as a way to secure wealth. Yet cracks appeared, with developers like Evergrande facing collapse and sparking fears of global contagion. Social media amplified stories of ordinary citizens trapped in debt, unable to sell homes or recover investments. The bubble highlighted China’s growth model and the risks of debt-driven expansion. It remains a viral case study in real estate economics, speculation, and systemic risk. It showed how housing can become both a source of wealth and instability. It revealed the fragility of rapid urbanization. It sparked debates about regulation, sustainability, and inequality. It remains a vivid reminder that bubbles can form anywhere, even in the world’s fastest-growing economy. It continues to shape debates about China’s future, global markets, and economic resilience. It was not just an economic story but a cultural phenomenon, remembered in images of empty cities and viral headlines about collapse. It remains a defining event in modern economic history, showing how speculation can destabilize entire nations.