China's Ghost Cities

[POOPERSCOOPER]

<strong>[ Film & TV -> Editorial ]</strong>

<p>Mad_Max_RW has shown me a cool video of China building massive cities to keep their GDP growing but there is no demand for them so there is giant malls and apartment buildings that are vacant. I've always liked vacant places, it would be pretty cool to just hang out and chill there;</p>
<p><iframe title="YouTube video player" width="640" height="390" src="http://www.youtube.com/embed/rPILhiTJv7E" frameborder="0" allowfullscreen></iframe></p><p>Spotted @ <a href="http://www.gamesurge.net/">#fallout</a></p>

[Alister McFap II Esq.]

Nice.

[ColoredMSauce]

Maybe the shopping mall is empty because that guy with the toy cars sold too many lead merchandise and everyone is home sick from lead poison?

the people who are hard at work building things don't have time to play with toys which solves this law and order mystery.

[Kashluk]

Haha, nice economic bubble in the building here. A city standing empty for six years, no matter how it stimulates GDP and growth in short-term, can't be good in the long run.

When the bubble bursts... we're all fucked.

Unless, of course, four million peasants could suddenly afford living there and were not needed to farm the land.

[Retlaw83]

When the bubble bursts... we're all fucked.

That's what I've been saying since 2009. Sudden economic prosperity, as is the case in China, is always artificial and just setting up a market to crash. But the billionaire's get their money at the end of the day so it'll never change.

[ColoredMSauce]

32475894

[Yonmanc]

You could say they might...PROSPER?

GTFO

[ghadipeter]

You should visit Kings Park in Long Island. You can take a train there. There are many abandoned hospitals, and other infrastructure buildings. Really creepy place if you go there at night. It's couple of minutes from the city/ village. People around don't like to talk too much about it, but they'll show you the way. I think I had somewhere link to a website with all places around the world that have been left behind. Gonna look for it. Of course the best is Charnobyl

[Cimmerian Nights]

So what happens after China completely oversaturates this public works construction to boost GDP front. Then they switch to producing ships and tanks and fighters...

[SenisterDenister]

You are just the worst kind of person.

[St. Toxic]

So, I watched through the entire thing and I've yet to see a single ghost

[Retlaw83]

I hope that's not semen.

[Psychoul]

I hope that's not semen.

Yes ... yes it is....


And that video is amazing, it got me thinking.

Ty for posting...
So should the chinese government allow their people to live in the cities for free if the people can meet certain production quotas? Therefore the people would live better lives and would prevent the buildings from going to waste?

[Retlaw83]

I don't think the Chinese government gives a fuck about quality of life or wasted material, else they wouldn't be doing these projects.

[St. Toxic]

I hope that's not semen.

Yes ... yes it is....

I guess it is a bit tasteless on my part.

[Frater Perdurabo]

The problem is that in China all taxes are paid directly to Beijing, which then redistributes them back to local governments, leaving most of them underfunded. As a result local governments raise money by forcefully buying out entire neighbourhoods (in China there's a statutory right for the local government to forcefully buy someone's house) for well below the minimum cost and then sell them on to property developers for huge profit.
In fact, forceful purchasing and reselling accounts for 50% of the local government revenue.

Go figure.