Amazing Satellite Images Of “The Ghost Cities Of China”
DATELINE ZERO – Chandni Rathod and Gus Lubin have put together a great collection of satellite images of China’s ghosts cities. They write: “The hottest market in the hottest economy in the world is Chinese real estate. The big question is how vulnerable is this market to a crash.”
Looking at the satellite pictures, and you get the feeling that the crash is going to be huge, and wildly devastating. These Chinese cities look like real-life versions of some Second-Life cities. (Please excuse the nerd comment. It just slipped out.)
These cities were not built to meet a real demand. Rather, the cities are part of a “build first, populate it later” scheme. For freaking sakes, the market doesn’t operate like that — so this can only be government. (Please excuse the political comment. It just slipped out.)
Note that most of the ghost cities show that the only cars in the entire city are parked at huge, gleaming government buildings. Who are they governing in the middle of vacant cities? Damn. Continue reading, from the original post at DATELINE ZERO.
Chandni Rathod and Gus Lubin have put together a great collection of satellite images of China’s ghosts cities. They write: “The hottest market in the hottest economy in the world is Chinese real estate. The big question is how vulnerable is this market to a crash.”
Looking at the satellite pictures, and you get the feeling that the crash is going to be huge, and wildly devastating. These Chinese cities look like real-life versions of some Second-Life cities. (Please excuse the nerd comment. It just slipped out.)
These cities were not built to meet a real demand. Rather, the cities are part of a “build first, populate it later” scheme. For freaking sakes, the market doesn’t operate like that — so this can only be government. (Please excuse the political comment. It just slipped out.)
Note that most of the ghost cities show that the only cars in the entire city are parked at huge, gleaming government buildings. Who are they governing in the middle of vacant cities? Damn.
Chandni Rathod and Gus Lubin have put together a great collection of satellite images of China’s ghosts cities. They write: “The hottest market in the hottest economy in the world is Chinese real estate. The big question is how vulnerable is this market to a crash.”
Looking at the satellite pictures, and you get the feeling that the crash is going to be huge, and wildly devastating. These Chinese cities look like real-life versions of some Second-Life cities. (Please excuse the nerd comment. It just slipped out.)
These cities were not built to meet a real demand. Rather, the cities are part of a “build first, populate it later” scheme. For freaking sakes, the market doesn’t operate like that — so this can only be government. (Please excuse the political comment. It just slipped out.)
Note that most of the ghost cities show that the only cars in the entire city are parked at huge, gleaming government buildings. Who are they governing in the middle of vacant cities? Damn.
Chandni Rathod and Gus Lubin have put together a great collection of satellite images of China’s ghosts cities. They write: “The hottest market in the hottest economy in the world is Chinese real estate. The big question is how vulnerable is this market to a crash.”
Looking at the satellite pictures, and you get the feeling that the crash is going to be huge, and wildly devastating. These Chinese cities look like real-life versions of some Second-Life cities. (Please excuse the nerd comment. It just slipped out.)
These cities were not built to meet a real demand. Rather, the cities are part of a “build first, populate it later” scheme. For freaking sakes, the market doesn’t operate like that — so this can only be government. (Please excuse the political comment. It just slipped out.)
Note that most of the ghost cities show that the only cars in the entire city are parked at huge, gleaming government buildings. Who are they governing in the middle of vacant cities? Damn.
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