The ghost cities of China-Estimated 64 Million vacant homes and still building

[-SD-]

Satellite images of China's billions and billions of dollars spent on development that has gone unoccupied. Whole swaths or empty developments, unrolling for what appears to be miles. Desolate city centers. Empty modern art museums. The largest mall in the world has now sat empty for nearly a decade now. Ordos has been vacant for years as well. Other "ghost cities" with little or no habitation.

Why?

And Now Presenting: Amazing Satellite Images Of The Ghost Cities Of China

 

[BlueBird]

Wonder if I can get a mortgage on that art museum.

 

[lartinos]

Me no undastand

 

[75th]

Which is one of the reasons why China's entire economy will crash sooner rather than later. They cant maintain the illusion of growth forever.

 

[miplank]

Which is one of the reasons why China's entire economy will crash sooner rather than later. They cant maintain the illusion of growth forever.

they can as long as we are borrowing money and paying interest

 

[nangiggles]

WTH went wrong?

 

[shibs]

that's pretty amazing. i thought china was very much overpopulated?

 

[nangiggles]

they should let people who have more that 2 children live there....

 

[-SD-]

that's pretty amazing. i thought china was very much overpopulated?

Its also a huge landmass

 

[canadianhitman]

Maybe they are preparing those dwellings for a mass-immigration project aimed at attracting skilled workers from other less fortunate countries. I can see China raiding talent of the third world to fuel its own growth.