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While mainland China's land ownership is more like a series of 99-year leases, those leases are notoriously difficult to break. There are loads of examples of b
by kmeisthax 3y ago
While mainland China's land ownership is more like a series of 99-year leases, those leases are notoriously difficult to break. There are loads of examples of buildings in China being built around a few land holdouts. In fact, it's so common that real estate developers in China call them "nail houses[0]".
[0] https://en.wikipedia.org/wiki/Holdout_(real_estate)#Nail_house https://en.wikipedia.org/wiki/Holdout_(real_estate)#Nail_hou...