Earlier quoted context omitted.
Hard to say. There are entire ghost cities in china because people cannot afford to live there. If an economy crisis hits china it’s possible that the entire world is in trouble (though not all countries). These things are hard to predict but china more or less uses local workers and materials. Only companies and people’s investments tied to those companies would in theory be in trouble.
This again. Name even one. Point us to even one "entire" ghost city. Honestly, people will parrot any old thing that sounds dramatic without ever bothering to find out for themselves if it's true.
Tallest Under Construction Buildings in the World
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Re: Tallest Under Construction Buildings in the World
#32The Skyscrapercenter doesn't include the Dubai Creek Tower which is also already under construction.
Re: Tallest Under Construction Buildings in the World
#33Do we have someone here that could explain how this could affect the world if/when an economic crisis hits China? (only talking about the building construction)
Re: Tallest Under Construction Buildings in the World
#34Do we know what lead to skyscrapers being built? Intuitively I'd think economic prosperity and density. However, Europe has a pretty good economy, is more densely populated than many other regions, yet hardly any skyscrapers to speak of. Do they maybe get built when you need lots of space in the same location quickly? Like when you have a extreme high growth company. Given most skyscrapers are used by several complet…
In San Francisco the cost, with the earth quake requirements, seems to go up fairly quickly and it is hard to get anything approved by the city.
Re: Tallest Under Construction Buildings in the World
#35One very tall skyscraper might be a contra-indicator for economic health, like Dubai. All the wealth is concentrated in a few hands. But lots of tall skyscrapers going up everywhere? Lots of people are accumulating lots of wealth. That's some form of progress
Re: Tallest Under Construction Buildings in the World
#36Re: Tallest Under Construction Buildings in the World
#37Do we know what lead to skyscrapers being built? Intuitively I'd think economic prosperity and density. However, Europe has a pretty good economy, is more densely populated than many other regions, yet hardly any skyscrapers to speak of. Do they maybe get built when you need lots of space in the same location quickly? Like when you have a extreme high growth company. Given most skyscrapers are used by several complet…
Re: Tallest Under Construction Buildings in the World
#38Here's diagrams of all of the tallest buildings by 2023 (including built ones) visually next to each other sorted by official height thanks to SkyscraperPage: http://skyscraperpage.com/diagrams/?searchID=207 The Skyscrapercenter doesn't include the Dubai Creek Tower which is also already under construction.
Re: Tallest Under Construction Buildings in the World
#39Re: Tallest Under Construction Buildings in the World
#40Do we know what lead to skyscrapers being built? Intuitively I'd think economic prosperity and density. However, Europe has a pretty good economy, is more densely populated than many other regions, yet hardly any skyscrapers to speak of. Do they maybe get built when you need lots of space in the same location quickly? Like when you have a extreme high growth company. Given most skyscrapers are used by several complet…
There was a discussion on that in the New Yorker that sadly I failed to save (it was pre-evernote in my life). But as I recall you are essentially correct in your guess. The calculus was the value of leasing all of the space would return $x, the cost of the land was $y and the cost to build was a function of height. You simply solve for the most money returned. In San Francisco the cost, with the earth quake requirem…