Ghost Cities of China Posted by paul kawsek on May 12, 2017 at 10:38pm Views: 85 0 Get Embed Code <iframe width="480" height="270" src="https://www.youtube.com/embed/VSCjt7RFqIM?feature=oembed&wmode=opaque" frameborder="0" allowfullscreen=""></iframe> Why is China building these Ghost cities of which there are 20 of them and plans to build hundreds more? Do they know something the rest of us do not? Why wo... You need to be a member of Earthchangers College to add comments! Join Earthchangers College Comments paul kawsek May 12, 2017 at 10:42pm nobody benefits from these properties. this is crazy. if i were the property developer i will go bankrupt. there are property taxes, insurance, security etc... many expenses. paul kawsek May 12, 2017 at 10:40pm properties need to be maintained and they deteriorate over time. misallocation of economic resources This reply was deleted. E-mail me when people leave their comments – Follow Related Videos BBC This World - The Great Chinese Crash (2016)
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nobody benefits from these properties. this is crazy. if i were the property developer i will go bankrupt. there are
property taxes, insurance, security etc... many expenses.
properties need to be maintained and they deteriorate over time. misallocation of economic resources