Author Topic: China built more skyscrapers in 2018 than ever before  (Read 435 times)


I-10east

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Re: China built more skyscrapers in 2018 than ever before
« Reply #1 on: December 14, 2018, 03:45:21 PM »
How many of them will even be occupied though? It seems like China is digging a deeper hole for itself (in virtually every faucet) under the continuous authoritarian leadership of Xi Jinping (AKA Winnie the Pooh). 

Sonic101

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Re: China built more skyscrapers in 2018 than ever before
« Reply #2 on: December 15, 2018, 11:35:53 AM »
Good video on why buildings are built in China that don't end up occupied, but TLDR it's due to the government structure and how cities get revenue and due to the culture regarding real estate:

Why 50 Million Chinese Homes are Empty
by PolyMatter
December 14, 2018
12:29

https://youtu.be/f5SE47Xjx2Q