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> You’d have to be blind to ignore the massive overbuilding of property in China, which they are now demolishing. Is it all being demolished, or is 95% of it b
by vkou 10mo ago
> You’d have to be blind to ignore the massive overbuilding of property in China, which they are now demolishing.
Is it all being demolished, or is 95% of it being moved into?
Because all those ghost cities that China was building that the news kept bitching about... Are now all full.
Meanwhile, in the West, we have a housing shortage. Who looks the fool now...
- reeredfdfdf 10mo agoYep, it's way better to overbuild than underbuild. Lack of houses for young people looking to start families / move in for better jobs has big negative societal impacts that we're only starting to see.
- expedition32 10mo agoIn the 60s and 70s European countries were giant construction yards. It gave many people jobs and we still enjoy the infrastructure today!