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We do have our own version of ghost malls. Actual ghost malls. The US is where that term was coined. Most of the time those developments involved partly public

by ctvo 10y ago

We do have our own version of ghost malls. Actual ghost malls. The US is where that term was coined. Most of the time those developments involved partly public funds (directly or via tax incentives). And I wouldn't characterize our military spending as ghost malls. They serve a purpose even when not actively used: deterrent. You can argue how important that is but it's not useless.

Retric 10y ago
[Source?] US has dead malls, but those had actual stores at some point. ex: http://www.businessinsider.com/23-haunting-photos-of-a-dead-mall-in-ohio-2015-8 http://www.businessinsider.com/23-haunting-photos-of-a-dead-... Often because a much better mall was built in the area, or just completion from online shopping. As retail goes online you just don't need as many stores. Malls take a critical mass of shoppers and stores to keep going. If not enough stores move in they can be stillborn but I assume that's really rare in the US.
- dragonwriter 10y ago
  > US has dead malls, but those had actual stores at some point. The US has dead malls that never had stores, includes ones that were abandoned while under construction or prior to stores moving in (a number of these were abandoned around the time of the finance crisis in 2007-2009 when whole planned or in progress housing developments were either put on hold or abandoned, along with the commercial development that were being built to support them.)
  - Retric 10y ago
    Sounds like the developer went broke. However, malls as physical assets tend to be resold in bankruptcy even if they get turned into office parks or something. Do you have any actual examples of completed structures that sit abandoned without ever being used?
JPKab 10y ago
At what point does adding a 17th aircraft carrier increase the effect of deterrence when you pretty much are already maxed out. Is there a single nation on the planet that will look at our defense spending, and decide that if we spend $100 billion less, then they can attack us or our allies? I'm not arguing that a deterrent effect isn't valuable, I'm just saying that it's absolute, 100% overkill that is useless.

by ctvo 10y ago

Retric 10y ago

[Source?] US has dead malls, but those had actual stores at some point. ex: http://www.businessinsider.com/23-haunting-photos-of-a-dead-mall-in-ohio-2015-8 http://www.businessinsider.com/23-haunting-photos-of-a-dead-... Often because a much better mall was built in the area, or just completion from online shopping. As retail goes online you just don't need as many stores. Malls take a critical mass of shoppers and stores to keep going. If not enough stores move in they can be stillborn but I assume that's really rare in the US.

dragonwriter 10y ago
> US has dead malls, but those had actual stores at some point. The US has dead malls that never had stores, includes ones that were abandoned while under construction or prior to stores moving in (a number of these were abandoned around the time of the finance crisis in 2007-2009 when whole planned or in progress housing developments were either put on hold or abandoned, along with the commercial development that were being built to support them.)
- Retric 10y ago
  Sounds like the developer went broke. However, malls as physical assets tend to be resold in bankruptcy even if they get turned into office parks or something. Do you have any actual examples of completed structures that sit abandoned without ever being used?

JPKab 10y ago

At what point does adding a 17th aircraft carrier increase the effect of deterrence when you pretty much are already maxed out. Is there a single nation on the planet that will look at our defense spending, and decide that if we spend $100 billion less, then they can attack us or our allies? I'm not arguing that a deterrent effect isn't valuable, I'm just saying that it's absolute, 100% overkill that is useless.