New satellite images show inside China’s ghost cities

B

Bill

Malarkeyville
In a land of over a billion ppl these ghost towns must pose an eerie site..

Many more eerie photos via the link

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China still has a startling number of vacant real-estate developments, judging from new satellite analysis by DigitalGlobe and Business Insider.

Chinese ghost cities have made headlines for nearly a decade, with huge new real-estate developments sitting mostly empty for years. Some see them as a sign China is heading for a real-estate crash. Others see them as just the typical style of urban expansion for a giant state-run economy.

While some ghost cities are reportedly filling in, the problem isn’t going away. A recent Baidu study of phone data gave clear evidence of 50 cities with areas of high vacancy. And just this fall China's richest man called Chinese real estate "the biggest bubble in history."

We looked inside some ghost cities with the latest in satellite technology, including time-lapse images, to show what’s making progress and what isn’t. See the highlights below.
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Chenggong was labeled a ghost city back in 2012, with reports of 100,000 vacant apartments. Five years later, the city still looks very empty — yet skyscrapers are still being built.
Chenggong was labeled a ghost city back in 2012, with reports of 100,000 vacant apartments. Five years later, the city still looks very empty — yet skyscrapers are still being built.
DigitalGlobe
 
all dressed up with no place to go...

The central planners think if they build it, the population will come -but many of the ghost cities like in the western China are little more then desert oasis wit long roads to nowhere,and no real economic base for natural trade.
But the central planners think this is what's been fueling China's growth, and so more of the same....

Maybe they could make them into Las Vegas!
 
The developers have deals with the government where they can build houses in advance, and the government later goes in and links them up with utilities. All of these houses are bought and paid for years in advance of when people intend to live in them when they're linked up to the grid. People have been whining about "ghost cities" in China for almost a decade, nothing has come of it. They just don't understand how the real estate deal works in a country with an actually functioning government (i.e. one not run by fanatical anti-government fascists, by reasonable people only interested in the well being of their country).
 
Emmanuel Macron said:
The developers have deals with the government where they can build houses in advance, and the government later goes in and links them up with utilities. All of these houses are bought and paid for years in advance of when people intend to live in them when they're linked up to the grid. People have been whining about "ghost cities" in China for almost a decade, nothing has come of it. They just don't understand how the real estate deal works in a country with an actually functioning government (i.e. one not run by fanatical anti-government fascists, by reasonable people only interested in the well being of their country).
Click to expand...

LOL, yeah, that's it.

I see posts where people say you are out of college and have a job, if that is true, how the hell can you make such a stupid post?
 
Well if you wanted to live in China you could probably get a very nice Condo super cheap. To bad the cultural differences are so steep.
 
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