Uban construction gone wrong: China's empty city

Discussion in 'Off-topic' started by Xiclotl, Dec 20, 2010.

  1. Xiclotl

    Xiclotl Active Member

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    http://www.time.com/time/photogallery/0 ... 92,00.html
    http://io9.com/5715016/eerie-scenes-fro ... ghost-town

    The total Ordos region has a population of 1.5 million. The city itself should be on par with San Fransico's 7.3 million. I guess that makes for an easy morning commute.
     
  2. RIA45

    RIA45 New Member

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    Those look like really nice homes and apartments. I understand the people staying away because of high prices, but I bet its more than that. Eventually the China government will place some people there.
     

  3. j.HK

    j.HK New Member

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  4. ookoshi

    ookoshi Moderator

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    This isn't surprising. Housing in China is a wacky market. Hong Kong aside (which doesn't count, because they use their own currency and are not really China proper). Cities like Shanghai, Beijing, etc. have housing costs that are on par with U.S. housing costs. This is largely due to white-collar immigrants in the U.S. sending money to their families back home, and ex-pats going back and buying prime real estate there, as well as the upper class in China being extremely wealthy. Seeing housing markets do so well in those cities, but having issues with overpopulation, they tried to build out these new cities and alternatives for people to go to. However, having a $150,000 (US Dollar) homes may be fine for Beijing and Shanghai where wealthy westerners want to buy houses, but having similar prices in a new city doesn't make much sense when a college educated person in China working as an Engineer clears $300 a month, if they're lucky.
     
  5. bdee

    bdee انا باتمان

    Re: Urban construction gone wrong: China's empty city

    Was also reading that they forgot to have schools, hospitals, high-speed internet etc.
     
  6. Xiclotl

    Xiclotl Active Member

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    http://io9.com/#!5790596/watch-jarring- ... host-towns
    More footage from a "Datline: Australia".
     
  7. JKirby

    JKirby New Member

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    What's crazy is no one is living there but they are still building things like a museum.