China's empty cities from Google Earth

Discussion in 'China' started by Armand2REP, Feb 19, 2011.

  1. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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  3. warriorextreme

    warriorextreme Senior Member Senior Member

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  4. sesha_maruthi27

    sesha_maruthi27 Senior Member Senior Member

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    Good facts about our neighbour...........
     
  5. tgrhfei

    tgrhfei Regular Member

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    good.............thanks!
     
  6. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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  7. badguy2000

    badguy2000 Respected Member Senior Member

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    well, real-estimate in CHina is during its golden age....it feeds soo many brokers.
     
  8. amoy

    amoy Senior Member Senior Member

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    the winter is coming for them
     
  9. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

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    It is all this activity that helps push the market. Very little of the new build is actually getting lived in. People are using it as a store of value. Heaven help those who don't sell before the coming storm. China's nouveau riche and middle class could become the next lost generation. It will likely be the biggest wipe out of wealth the world has ever seen.
     
  10. mattster

    mattster Respected Member Senior Member

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    This is what they chinese mean when they say -

    In China the government is very rich and very powerful but the people have no power and most are poor.
    The government can spend billions on building ghost cities with the people's money, but the people cant do shit about it.
     

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