Oversupply of property development, shopping malls and residential homes on constant land. Hyper supply of office space across the country outstripping efforts of households disposable income strained by rapid population increase . Unemployment a major challenge to corrupt government's failed NYS initiative. I strongly believe construction sector will overheat on the basis that the rich are less than 20% of the population. Even if you own the whole world you will sleep in one bed at a time; eat one meal at time; wear a suit at a time. As long as the majority, nearly 90%, are languishing in abject poverty the real estate exponential growth is on the verge of collapse.