While We Struggle To Launch 15,000 Housing Units, China Has Real Estate Crisis That Led To Dozens Of NEW GHOST Cities

China’s record number of vacant houses and urban projects, sitting at over 50 million units and growing, are an increasingly worrying domestic challenge. Known as “ghost cities,” these developments have created a housing bubble representative of decades of Chinese progress — but also turmoil.

The phrase “ghost city” might imply a city once full of life and now abandoned. But China’s ghost cities are brand new, and their high-rises never populated. Many had remained that way for years, byproducts of rapid economic growth that continue to plague the nation’s urban planning strategy.

Top 5 such cities, some are bigger than Nakuru

List of cities
[li]Pudong - one of the first ghost cities, now a prominent global financial district of Shanghai.[/li][li]Chenggong District - the chief zone for the expansion of the city of Kunming. …[/li][li]Ordos City, Kangbashi New Area - described in 2009 by news media as a ‘ghost city’. …[/li][li]Nanhui New City.[/li][li]Yujiapu Financial District.[/li][/ul]


Unfinished developments abound in the Chinese ghost city of Kangbashi.


Inhabitants of Tianducheng playing basketball in front of an Eiffel Tower replica.

I thought tuliambiwo we had only 93m kwa treasury.

Mbwa Riggy G desperate attempts to show how bad the country is ndio wakose kutimiza ahadi

Shida ya anus licking ndio hii, unafikiria pesa huokotwa zinawekwa paaaa Kwa account?

hizo ni concentration camp

watu watatolewa zambia waende waishi huko

Kenya should invite such projects… Zifanywe places kama marsabit… Moyale… Laikipia

The plumbing system must be fascinating for such places

China wanted to copy world top cities,housing and attractions. A chink,just like an ordinary bonobo is mesmerised by all things white. Too bad they built too many of them

Hio red soil si walitoa Kiambu pale Redhill

We need those Ghost estates. let investors put their funds there. Soon we will be owning more than 5 hourses

Low IQ upus… Since 1980 China has moved 600 million people from rural areas to cities without mushrooming of slums.
Unlike bonobos who do not have foresight to plan ahead, other high IQ races anticipate growth.
The urbanization rate is now at 64% and they need to get it to 80% by 2035.
All the so called ghost cities saa hii zimejaa Karibu zote.

Wacha tuchukulie Kenyan context. Our urbanization rate is only 30% which means only 15 million people live in urban areas. The other 35 million ni gicagi.

Economic activity takes place in towns and cities and you want to double the urbanization rate to 60 percent by 2050. Less than 30 years.

How do you move 15 million people to urban areas without mushrooming of slums? 15 mirrion is 5 Nairobis created out of nowhere.

These things are hard to fathom for us low IQ bonobos who are still very tribal and rural in our DNA .

That’s why you hear Ruto wants to buy two million acres and settle peasants there. Instead of urbanizing he is encouraging rural settlement

Laikipia we don’t want that garbage of concrete structures. We are okay with endlessly unadulterated nature