Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
China intends to relocate 100 million from rural to urban areas ( many of which have been built in the Gobi desert ) over the next 5 years. To accomplish this they need the equivelent of 50 Bostons.
Unless they implode, first.
There are reasons why wealthy Chinese are leaving China ( and Russia for that matter) and parking their wealth in the safe havens of US and Canadaian real estate, businesses and commercial developments. They did not get the memo that the US has gone down the drain and now must be saved/ brought back/ revived/ reignited according to 2016 primary slogans.
China has built whole cities that stand empty. There are many of them. What's the deal with so many people needing housing.
They build these ridiculous fantasy cities. It's incredible. Imagine planning a community of 100k people in middle-of-nowhere Arkansas and then asking why they remain desolate. Actually, best American comparison would probably be the stuff built near Salton Sea, California, as detailed in "Into The Wild". At least the speculative developers had a little reason to believe in their recklessly optimistic project there....
These developments are primarily privately held by wealthy speculators.
The masses are not particularity educated/ trained or even literate. They want stable jobs with state- owned enterprises.
The cities were built in anticipation of state creating massive universities or other state- owned enterprises that would form a base. Private business was then expected to follow.
We had cities right here that practically emptied during the recession and housing collapse.
Same thing. They over built, sold as inveatments that didn't work kut.
No big deal really.
Please register to post and access all features of our very popular forum. It is free and quick. Over $68,000 in prizes has already been given out to active posters on our forum. Additional giveaways are planned.
Detailed information about all U.S. cities, counties, and zip codes on our site: City-data.com.
Please register to participate in our discussions with 2 million other members - it's free and quick! Some forums can only be seen by registered members. After you create your account, you'll be able to customize options and access all our 15,000 new posts/day with fewer ads.
