The ghost cities of China
Satellite images show huge cities built in different parts of China that are completely abandoned; public buildings and open spaces are completely unused, with the exception of a few government vehicles near authority offices.
Since 2008, when the financial crisis started to be felt, regional governments across China have been building massive real estate projects, which have remained empty, because of the high prices.
Trying to fight against the global recession, China decided to take the example of Dubai, were the prices of buildings have increased after 2008, but this proved to be a wrong choice, Chinese government overvaluing the property prices by as much as 70 per cent and so, the number of empty homes in China reached 64 million.
Kangbashi, for example, was meant to be the urban centre for Ordos City – a luxury region and home to 1.5 million people. Office towers were built, theatres, museums, sports facilities as well as thousands of homes, but all remain virtually deserted.
When I think about the rush hours in busy cities or when I’m in a hurry and I get stuck in a traffic jam, what I wouldn’t give to live in such a city. XD Tempting idea, ne? XD
Image source: Google Maps & Time
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6 Comments
It looks so bare, I mean, the cities look huge and no person there, on the roads, no one O__o It would be interesting to live in such a city indeed, I’d enjoy it lol
Perfect for a post apocalyptic movie, yes?
Ahahahaha Nice one! It would be a perfect set indeed XD And since there are so many ghost cities there, they could choose the scariest-looking one XD
A good place if you want to be alone…loool…but what a waste, ne? so many ppl around the world without a shelter >.<
I couldn't live in such a quiet place….
Why it can be??? maybe because of expensive or…
But that’s cool place since no traffic jam will happens.
Yeah, they are too expensive and people can’t afford buying apartments there. Also, there are too many cities built in China, like 20 cities each year, which remain uninhabited.