China demolished a 27-story 'ghost building' in seconds
China demolished a 27-story 'ghost building' in seconds
Feb 4, 2016
BUSINESS INSIDERJacob Shamsian, Chelsea Pineda
MSN
9:55
MSN
8 months ago
MSNINVENTOR EYE
312K views · 2.2K reactions | Streets are empty, quiet, and there's no rush hour traffic, #China has turned into a ghost town. | Indiatimes | Facebook
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312K views · 2.2K reactions | Streets are empty, quiet, and there's no ru…
312.3K views5 days ago
FacebookIndiatimes
Concrete 'ghost towns' make China's real estate bubble visible
Concrete 'ghost towns' make China's real estate bubble visible
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88K views · 496 reactions | China’s housing obsession has led to ‘ghost towns’ as unfinished high rises remain empty. People struck deals with housing developers to give up their land in exchange for homes in the new buildings where their farms had once been. Sky News’ Helen-Ann Smith reports from Da Wang Zhuang where many are still waiting eight years later. Read more: https://trib.al/GWvavSn | Sky News | Facebook
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Joerg Wuttke, who has lived in China for over 30 years, estimates there are 80 to 90 million empty and unfinished apartments in China. That’s enough apartments to house everyone in Germany. https://cbsn.ws/4bNnxgN | 60 Minutes
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