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The ghost cities have attracted residents over time, but they're still mostly empty. Constructing buildings that sit vacant for a decade or more is not very eff
by WalterBright 2y ago
The ghost cities have attracted residents over time, but they're still mostly empty. Constructing buildings that sit vacant for a decade or more is not very efficient - and the buildings depreciate with age whether they are occupied or not.
Gluts and shortages are endemic to centralized economic planning.
- keybored 2y agoYou’ve moved the goal post/claims from “completely vacant” to being vacant for a long while and depreciating.
- WalterBright 2y agoYes, they were completely vacant for many years. There's nothing efficient about that.