China`s Ghosts Cities And Malls

Submitted by: Bjarki 6 years ago in

Building for the sake of building? Who knew China had such a big ghost problem.
There are 49 comments:
Male 876
Altaru - I was thinking that same thing! That place would be pretty kickass for paintball.
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Male 562
Well, you know how those Asians love baseball. Maybe they just watched Field of Dreams, one too many times. "If you build it, they will come".
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Female 374
This is crazy. And it`s very sad to me that there are millions of empty homes while couples have to live in one room and only get to see their child once a year.
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Male 777
I hope they don`t get in trouble for criticizing their government.

That`s just a no-win situation. Unless you`ve got lots of money, there`s no way it can be changed for the better.
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Male 37,762
[quote]Wow, how come the hobos have not moved in?[/quote]
Good question! The answer is that Chinese Police would just shoot them. If they`re lucky. Un-lucky hobos would end up in prison for a very long time. Unless they were selected for `organ harvest`. You DO NOT WANT to be in a Chinese prison!

Besides, there`s no food in these Ghost Cities, the hobos would starve!
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Male 3,482
Did anybody else catch Lady Gaga`s "Bad Romance" playing around 10:30?

And that would be AMAZING for paintball or any of those types of games.
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Male 25,416
Wow, how come the hobos have not moved in
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Female 877
i can`t believe they keep building even though the whole city is too expensive for people to live in.
the city is deserted for god`s sake. 14 million rich people won`t suddenly be summoned to live in there. why do they keep building there?

and it`s a shame how disturbingly obvious is inequality between people in this world
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Male 37,762
Oh, CONSPIRACY THEORY:
Various `secret societies` built these cities for when everything collapses in Europe and America, 24 million rich people will simply move in!
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Male 37,762
If you made this up, NO ONE would believe it! But there it is! You can find these `cities` for yourself on Bing & Google Maps, eh?
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Female 3,001
blah blah blah boring boring boring
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Male 2,005
really, an apartment block designed for 12 million people? you can fit the whole population of Sweden there, giving one apartment per person, and still have loads of empty apartments left.
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Male 1,237
I can`t believe is censored that... Jarvis C o c k e r the musician! Swear filter on this site defines pointless!
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Male 1,237
Homelessness is so shameful with stuff like this in the world. Just like famine. There is no need for anyone to strarve or be homeless and yet they are major issues. As Jarvis roosterer wisely put it, c*nts are still running the world
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Male 2,097
Everything that`s wrong and wasteful about mankind
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Female 2,764
so, they build homes the majority of people can`t afford and then plan on demolishing the homes they are in now to build more homes they can`t afford, leave many homeless and the new homes empty.

Boy, I know we have an issue here with spending money we don`t have, but I`d rather be in this mess then that mess.
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Male 1,623
"An excellent example of the cons that come with a command economy. Government sees bad housing, so it builds good houses, but the people can`t afford these houses!"

The command economy goes this way only because the government is inefficient and because market economics are obsolete.
The pros of a command economy can be vast, but it all depends on the commander.
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Male 74
If China is still practising it`s "one child" policy, then the population will not increase, and all this will go to waste.
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Male 2,402
@TokioKoos
With 64 million vacant homes you could put all of Holland in new housing.

Hey here`s an idea for the Chinese. Why don`t we just get all the Senior retirees from USA to move in. Just like ex-Pats from around the world in Central America and Thailand.
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Male 94
great training area for urban warfare!

battlefield 3!
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Female 412
In Holland, those buildings would be full of squatters in a matter of weeks.
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Male 2,593
As a last rant, we need to get them OUT of our markets, NOW.
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Male 2,593
@dragosal
Yea, they are a bad idea if you looking for a functional society. But, I don`t believe that`s what they`re going for. China has a lot of brilliant people in it. Artificially inflating their GDP brings in investors. When it blows up, if they have a big enough place in the market, it brings everything down. It won`t affect them as much because they control their own economy.
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Male 1,629
definately perfect paintball arenas. that mall would be INSANE. but i dont understand how they think these cities are good ideas. i may be wrong but arent many of china`s citizens still dirt poor and hardly educated? forgive me if i am a product of poor world studies classes
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Male 2,593
@LazyMe484
Amen. They`re not just artificially inflating this for nothing. They`re also keeping their own currency down. China scares the hell out of me because I think they`re trying to ruin the worlds economy.
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Male 10,440
Something needs to change in China.

I really think a revolution would be... interesting. I won`t get my hopes up just yet.

Their government is spurring artificial growth for the sake of growth. Building projects that will be unused. What sort of investment is this, if so few end up using it?

... also it is important to note that manufacturing power has exceeded the US, but the actual Chinese GDP is actually still less than half of what the states have, and close to a third that of the EU.

And to what end? What are the goals of the Chinese government? The well-being of it`s own people is not much of a priority.
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Male 260
Agreeing with others... Yes, a perfect movie set, and the PERFECT paintball arena! An entire city!
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Male 2,402
Yes the BS that China`s government portrays. Diverting real problems by creating a false construction industrial economy to satisfy the masses with work. However the construction workers can`t afford the housing.

Just like the douchebags who perpetuated the mortgage credit default swaps and in essence creating a false construction bubble. The Chinese are doing the same. They learned how to con the masses well from the capitalist con artist.
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Male 437
"It`s not a free market if it`s not driven by demand."

Hence why I put "free" in quotation marks.
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Male 213
Your hard-earned tax dollar loan-repayments at work.
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Male 2,593
retardedbear "China operates a socialist market driven economy. Prices are controlled by a "free" market, but industry is still owned by the government, as opposed to a country like Russia, where prices are controlled by the government."


It`s not a free market if it`s not driven by demand.
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Male 378
A great location for a movie set
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Male 437
"Market speculation would at least include that the think people would buy it."

China operates a socialist market driven economy. Prices are controlled by a "free" market, but industry is still owned by the government, as opposed to a country like Russia, where prices are controlled by the government.
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Male 758
So, I know now where I want to go. A whole city essentially to myself...I like the sound of that. A lot. It`ll be like I Am Legend, or I was left out of the Rapture...
Come to think of it, who wants to make a post-rapture movie with me? Or some Fallout LARPing?
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Male 2,593
@Baalthazaq
I don`t even think this is market speculation. This is building for the sake of building. Market speculation would at least include that the think people would buy it. What they`re doing is building, knocking back down and building again. It`s absurd.
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Male 2,436
@SvampeBob:
Umm, that`s not capitalism... their government is doing this. Capitalism is an economic system in which the means of production are privately owned and operated for profit.
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Male 4,547
Whilst it`s not true that this isn`t an example of capitalism in *any* sense of the word, this really isn`t even a vaguely good example of capitalism gone wrong.

Let alone proof.

The one aspect you can draw from it though is "market speculation bad".
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Male 2,593
SvampeBob "prof that capitalism doesn`t work..."

I`m guessing that word was supposed to be "proof". This isn`t an example of capitalism in any sense of the word.
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Male 3,076
prof that capitalism doesn`t work...
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Male 38,468

"Great Mall of China" HAHAHAHAHAHA good one!

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Male 2,593
This was really interesting but not surprising. China has constantly played with what I call empty shirt economics.
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Male 12
An excellent example of the cons that come with a command economy. Government sees bad housing, so it builds good houses, but the people can`t afford these houses!

I`m no expert but the best thing to do would probably be to transition to more of a mixed economy. The bubble would explode, people could afford these homes, and future houses would be built to be sold at a more appropriate price. Yes it would slow economic growth but it would be better in the long run. And as wealth increases, people who be able to afford nicer house and so forth.
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Male 490
So, who is ready for the Chinese Revolution?! Wait, that would mean that things made in china would stop being produced.. well, there goes 90% of walmart`s goods. o.=.O
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Male 4,547
Just to clarify, look at an example like JBR in Dubai. There was an extremely poor article in the economist talking after the crash about how JBR was "down to 12% occupancy".

JBR never had more. Speculators had bought out entire floors, and were refusing to rent them out (if you rent them out, you limit their price from that point on to a % of that price).

It was only after the crash that the speculators realized how stupid they were to expect house prices to continue to double for more than 7 years when we were already paying $500K for a 300 sq ft apartment.

It was only then that people could actually start buying again.
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Male 11
can`t wait for the upcoming chinese revolution
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Male 363
Great find, I am no longer bored!
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Male 4,547
Reminds me of the Dubai speculators around 2006. House prices went up 70% every year.

My Dad`s place went from being worth $350K to being worth $10M in about 7 years. Everyone made a big deal of the crash in 2007/8 but nobody seems to understand the intricacies of this market.

Seems to me that China`s housing bubble will collapse, but once it does, the actual lives of the poorer communities in China will be able to take advantage of all that`s left, which is what happened here.

House prices down by 75%, various large entities cried, many lost jobs, but all of a sudden, people from 3 neighbouring states could afford to live in Dubai again, and flooded back.

Occupancy barely changed.
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Male 4,014
I heard about this over a year ago. China builds these massive, pre-planned communities, repleat with modern, brand new housing, commercial districts, and industry. But people just aren`t relocating to them yet. Makes you realize Chinas GDP numbers are somewhat inflated, because the production is forced by the government and not by the market. As a result, yes, they are productive, but they are producing CITIES NO ONE LIVES IN.
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Male 61
Link: China`s Ghosts Cities And Malls [Rate Link] - Building for the sake of building? Who knew China had such a big ghost problem.
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