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China's Empty Cities

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Re: China's Empty Cities

#6

In season 1, episode 6 of Vice on HBO, they also went to the ghost cities of China. http://hbo.vice.com/episode-six

60 Minutes also produced a segment which originally aired in March which covers the real estate bubble in China - http://www.cbsnews.com/video/watch/?id=50152767n

Re: China's Empty Cities

#7
The casual dismissal of their sincerity is annoying ("don't know if they're telling the truth, or just saying government-friendly things because the governmental people are here right now!"). At least do the due research if such claims are going to be made by trying to get interviews from these folks without governmental people's presence, or just don't doubt their sincerity. But please don't just sprinkle in the there's-no-freedom-in-China FUD willy-nilly that we've all heard enough of already. This is like how when the hacker faction of PLA is talked about there's an ominous music in the background and serious faces of reporters looking at you to set the tone of the piece as if China is this mysterious and strange entity that is going to bring us down, all the while America's Olymic Games programs hardly even ever get a mention.

Anyway, I think we might be looking too hard for large problems where there might not be any. Don't forget that we have a similarly ridiculous situation in America: for every homeless person there are 26 houses that are vacant. Considering that China's population is a 1.35 billion (about a billion more than America's), at least in one respect it would seem like a prudent choice to build high-rises in place of crudely-made one or two-storey building houses in anticipation of future housing issues.

Re: China's Empty Cities

#8
I just took a train from Shanghai down to 黄山. While I can't confirm there are entirely empty cities (I don't doubt it though), There were massive modern housing complexes... with no one in them. It was so surreal.

Re: China's Empty Cities

#9
I'm a Chinese and I'm not feeling strange at all why that old farmer would be so grateful to the government and Party. Actually there are a large mount of former-famers around cities attain sudden wealth, through selling their land to the government. Price varies with the economy situation of that city, but is generally comparable with dozens of year's income of their families. Also, there are a lot farmers failed to reach contract with government, then some of them are violently forced to sell their house and land, though this situation seems to be better controlled these years. Anyway, land and house are always big thing for almost everyone and every government, both good and evil will be stimulated.

Re: China's Empty Cities

#10
I've been there, in these cities. They exist, they are massive and very much empty.

A lot of them are still being built, in those ones you find workers and business people who are part of the process to help sell the massive amounts of residential and retail space that has been created.

Having said that, people talk about how it has worked before. I dont know, maybe it will, but for now there are a lot of empty cities waiting for people to "step up" into the middle class.

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