Saw a short video on social media yesterday of 15 (!) housing towers being demolished all at once after being incomplete and abandoned for years.
And then there is the actual lack of building quality, due to being such a cut-throat business. Youtuber Winston Sterzal (who used to live in China until they basically chased him out) has done a couple of videos of the poor quality a lot of recent construction. Houses built 3 years ago look like they're 50 years old and already falling apart.
It is possible for an economy to grow too fast for too long... :-/
Wade.
And then there is the actual lack of building quality, due to being such a cut-throat business. Youtuber Winston Sterzal (who used to live in China until they basically chased him out) has done a couple of videos of the poor quality a lot of recent construction. Houses built 3 years ago look like they're 50 years old and already falling apart.
It is possible for an economy to grow too fast for too long... :-/
Wade.