tag:blogger.com,1999:blog-8890523669575867377.post2372196708301743938..comments2024-03-29T05:02:01.215+05:30Comments on Amusing Planet: The Modern Ghost City of OrdosKaushik Patowaryhttp://www.blogger.com/profile/15000427721236718033noreply@blogger.comBlogger4125tag:blogger.com,1999:blog-8890523669575867377.post-41230495841248230432016-10-16T10:31:44.351+05:302016-10-16T10:31:44.351+05:30Six years later, it would appear as though the pro...Six years later, it would appear as though the project is rapidly gaining occupancy. Source: http://www.forbes.com/sites/wadeshepard/2016/04/23/chinas-largest-ghost-city-is-now-90-full-but-theres-a-twist/#49bd2bc876f4Unknownhttps://www.blogger.com/profile/01113021476078207569noreply@blogger.comtag:blogger.com,1999:blog-8890523669575867377.post-50028855842342105752014-12-04T05:59:19.518+05:302014-12-04T05:59:19.518+05:30It's 3 years later and Ordos is still mostly e...It's 3 years later and Ordos is still mostly empty. http://www.businessinsider.com/chinas-ghost-cities-in-2014-2014-6<br /><br />"At the time the region, known as Ordos, was rich from selling coal – Ordos sits atop one of China’s largest coal deposits. But today, coal prices are at an historic low, and according to state media, Ordos is in so much debt that it had to borrow tens of millions of dollars from a local developer just to pay the salaries for its city employees."<br />- http://www.marketplace.org/topics/world/marketplace-25/chinas-economic-boom-leaves-trail-ghost-citiesAnonymousnoreply@blogger.comtag:blogger.com,1999:blog-8890523669575867377.post-24997257499391153192011-01-29T21:33:15.110+05:302011-01-29T21:33:15.110+05:30Well, you know what, the Chinese builders do not s...Well, you know what, the Chinese builders do not sell furnished apartments. They sell them without internal decoration, so that the home owners will be able to have the maximum freedom to design the internal, including the room size and restroom locations, not even to mention the illumination, dry wall decoration, carpet or wood floor, and walk-in cabinets and electronics hutches. To do this, they usually hire a designer, spending months on the plot, then hire several contractors to have the work done. Usually this will take about 15~20% of the apartment price, and over a year. And before this is done, there is nobody living in it. So it is pretty common that a subdivision would look very under occupied for at least an entire year after the building and road construction. And meanwhile because of this, the business in the vicinity would not look healthy until people actually move in 1-2 years after the finish of landscape construction. The only thing that is not short in China is population. Do not jeer on the "new ghost towns". You'd better go back 2 years later and you will see the difference. Cheers.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-8890523669575867377.post-73279742531074441102010-10-16T07:18:57.131+05:302010-10-16T07:18:57.131+05:30Do we know WHY the city is empty?Do we know WHY the city is empty?Anonymousnoreply@blogger.com