Comment Re:Yawn (Score 1) 72
Actually most of those house are now occupied. The "train stations to nowhere", supposedly an indicator of the imminent collapse of their economy, are now surrounded by industries and towns.
No they're not. You're exaggerating. The majority of these developments are still empty. China's declining birth rates coupled with the increased mortality from COVID have thrown in a monkey wrench into their planning. Up to 80 million units are still empty, with slim prospects for ever being bought or even used as social housing. Most of them are just crumbling ruins at this point. Even where people have moved in (often with heavy government subsidies, essentially turning units into an eastern Section 8 housing project), occupancy is still under 10%. They simply built too many units, and there aren't enough people to live in them. Some developments are being reclaimed for agriculture, with farmers grazing livestock and plowing fields on the strips of land between crumbing concrete structures.