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Can't view the video from here in China, but... I've noticed lately developers/local govt tearing down buildings after evicting tenants, then canning the new b
by vorg 15y ago
Can't view the video from here in China, but...
I've noticed lately developers/local govt tearing down buildings after evicting tenants, then canning the new building project ("running out of money", maybe), instead turning the land into a carpark. This creates more demand for unsold apartments nearby, (as well as giving vehicles somewhere other than footpaths to park on :).
- wisty 15y agoOr the development was found unsafe (after a number have already fallen down), or they realized that the permissions were not done correctly (or at all).