China's empty cities from Google Earth

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

  1. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

    Joined:
    Dec 17, 2009
    Messages:
    10,397
    Likes Received:
    2,314
  2.  
  3. warriorextreme

    warriorextreme Senior Member Senior Member

    Joined:
    Sep 29, 2010
    Messages:
    1,369
    Likes Received:
    536
    Location:
    Mumbai
  4. sesha_maruthi27

    sesha_maruthi27 Senior Member Senior Member

    Joined:
    Aug 15, 2010
    Messages:
    3,884
    Likes Received:
    1,568
    Location:
    Hyderabad, Andhra Pradesh(INDIA)
    Good facts about our neighbour...........
     
  5. tgrhfei

    tgrhfei Regular Member

    Joined:
    Jan 28, 2011
    Messages:
    66
    Likes Received:
    0
    good.............thanks!
     
  6. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

    Joined:
    Dec 17, 2009
    Messages:
    10,397
    Likes Received:
    2,314
  7. badguy2000

    badguy2000 Respected Member Senior Member

    Joined:
    May 20, 2009
    Messages:
    4,957
    Likes Received:
    613
    well, real-estimate in CHina is during its golden age....it feeds soo many brokers.
     
  8. amoy

    amoy Senior Member Senior Member

    Joined:
    Jan 17, 2010
    Messages:
    5,524
    Likes Received:
    1,548
    the winter is coming for them
     
  9. Armand2REP

    Armand2REP CHINI EXPERT Veteran Member

    Joined:
    Dec 17, 2009
    Messages:
    10,397
    Likes Received:
    2,314
    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

    Joined:
    May 30, 2009
    Messages:
    1,048
    Likes Received:
    518
    Location:
    California
    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.
     

Share This Page