This is an interesting article since
home builders in the US have a difficult time building ONE spec home since
banks will not lend the money!
Have you heard or read anything
about a housing bubble in China?
I Explored
China’s Biggest Ghost City And It’s Even Crazier Than People Think
Built for over a million people, the city of Ordos was designed to be the crowning glory of Inner Mongolia. Doomed to incompletion however, this futuristic metropolis now rises empty out of the deserts of northern China. Only 2% of its buildings were ever filled; the rest has largely been left to decay, abandoned mid-construction, earning Ordos the title of China's Ghost City.
No comments:
Post a Comment