Ghost Cities China

03/24/2011

3 Comments

 
With 64 million apartments in China said to be empty are the efforts to boost the economy going to end up having the opposite effect and creating a major bubble and crash for China?
 


Comments

Peter F Australian link
05/08/2011 21:46

What's your source for 64 million?

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Chinesecrash.com
05/09/2011 02:48

Hi Peter,

The source is in the video. A reported ten new cities are being built in China every year and "64 million apartments are empty in China" (Gillem Tulloch, Analyst, 2011).

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Peter F Australian link
05/10/2011 23:44

Thanks, Ah this is China, youtube wasn't coming with the proxy!

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