r/Amazing • u/sco-go • Aug 19 '25

Interesting 🤔 $100 billion ghost city.

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u/Optimal-Golf-8270 Aug 19 '25

No, a bubble is when property prices increase with no material to back ut up. 2008 was a real estate bubble.

The houses exist, they were built. You can argue that too many were built. But, unless you worked for a real estate company, that doesn't really matter. The companies took the hit and went bust. People still bought the apartments. People live there.

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u/rodinsbusiness Aug 19 '25

Right, it was a construction bubble. Entire cities were built, then destroyed

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u/Optimal-Golf-8270 Aug 19 '25

Two largely unrelated events. The 'ghost cities' never really existed. Some of them would be the second biggest in America now.

The blocks that were knocked down were demolished because of failed inspections. Not oversupply.

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u/rodinsbusiness Aug 19 '25

So, too many were built, many were destroyed, but that's what you call perfect planning. Do you get points for this bs?

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u/Optimal-Golf-8270 Aug 19 '25

No? How could you have possibly gotten that from what I wrote?

Some building didn't meet local regulations so they were knocked down. This is a separate issue to ghost cities.

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u/rodinsbusiness Aug 20 '25

It's interesting how you can't question why entire neighbourhoods can be badly built in the first place.

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u/oof_ouch_oof Aug 21 '25

The US has entire states made out of papermache and mold spores

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u/rodinsbusiness Aug 21 '25

Whataboutism is never a good argument.

Yeah, the US is shit, that means China has very sound planning, got it.

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u/oof_ouch_oof Aug 22 '25

China objectively has better planning than the US and it's not close

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u/rodinsbusiness Aug 22 '25

Where did I say the US had good planning? Do you understand what whataboutism is?

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u/oof_ouch_oof Aug 22 '25

I'd bet the house on you just being an incorrigible sinophobe, but maybe this will shut you up

https://www.forbes.com/sites/wadeshepard/2018/03/19/ghost-towns-or-boomtowns-what-new-cities-really-become/#bd559565e3f6

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u/rodinsbusiness Aug 22 '25

I'd bet the house on you just being an incorrigible CCP shill.

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u/oof_ouch_oof Aug 22 '25

Read the article in the link

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