China’s ghost cities are far more common than one might think. Take the State Guest Mansions, a development envisioned as the palatial homes for the upper crust of society. Now their only ...
Plans for new urban areas would provide housing for 3.4 billion people — far more than China’s total population. A new surge of urban development may create a new wave of “ghost cities” in ...
THIS is one of many of China's ghost towns that have been taken over by farmers which see goats live around the shells of luxury mansions. The eerie complex is located in Shenyang City ...
Chinese ghost cities have made headlines for nearly a decade, with huge new real-estate developments sitting mostly empty for years. Some see them as a sign China is heading for a real-estate crash.
For China’s residents, the property glut is now quite evident, and despite unusually generous price cuts they have for now stopped buying mass market real estate in a number of cities.
Half-finished, abandoned housing estates are a big headache for China’s government, and are also on the mind of executives in ...
China 's notorious ghost cities are a disaster waiting to happen, according to a new report from 60 Minutes. Take it from the CEO of Vanke, the country's largest residential real estate developer ...
Chinese ghost towns are widely considered to be symptomatic of its property bubble. But some, like Yale professor and former chairman of Morgan Stanley Asia, Stephen Roach, have argued that these ...
I f not another flat was built and sales continued at their current pace, it would take eight years to sell all the homes ...