this post was submitted on 31 Dec 2023
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China launches test runs for world’s largest plant that can convert coal to ethanol::undefined

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[–] [email protected] 1 points 10 months ago (3 children)

Never said Wikipedia was wrong I'm just saying be careful because people can edit to fit their narrative, which has happened with like Russian and Chinese topics.


Sadly a lot properties are unfinished and left to rot away and will get demolish.

https://edition.cnn.com/2022/01/04/investing/evergrande-stock-gain-resume-trading-intl-hnk/index.html

https://youtube.com/watch?v=Om6b0_ffyFQ https://youtube.com/watch?v=tj0-6am9cMY

[–] [email protected] 1 points 10 months ago* (last edited 10 months ago) (2 children)

I'm starting to believe this is a bad faith argument. Do you have anything addressing the specific point of ghost cities actually (not) being populated now?

For those that are too lazy to read:

  • link 1: 39 buildings demolished for illegal construction
  • link 2: 50 second clip of 7 buildings that were never finished being demolished (no context, other than the buildings being there for some years)
  • link 3: luxury mansion development stalls due to missmangement/lack of funding, leaving people that paid for those homes without a property
[–] [email protected] 2 points 10 months ago (1 children)

https://youtube.com/watch?v=UPwtUTrwKRI wasted time and resources because everything is shortsighted and mostly affect the buyers.

How could they?

  • Unfinished buildings.
  • Housing market collapsing.
  • Everything on build on ponzi scheme.
  • Youth Unemployment has never been higher.
  • Biggest real estate players are in huge debt.
[–] [email protected] 1 points 10 months ago

No one is arguing any of the points above. But to quote the Wikipedia article:

While many developments failed to live up to initial lofty promises, most of them eventually became occupied when given enough time.[6][16]

Citation 16 is a Bloomberg article from 2 years ago in case you're wondering.

Put yourself in my shoes, I can't exactly propose edits to that statement based on a single youtube video of a ghost town existing.

Your conclusion ("How could they? ") does not follow from your premises, much as I agree with them.