In China people were encouraged to invest in future real estate. Those cities were built and sold to people as investments. But it was basically impossible that their economy could grow large enough, fast enough that those cities would ever be needed. So now there are falling down ghost cities no one will ever live in.
In China people were encouraged to invest in future real estate. Those cities were built and sold to people as investments. But it was basically impossible that their economy could grow large enough, fast enough that those cities would ever be needed. So now there are falling down ghost cities no one will ever live in.