Comments on: The myth of China’s ghost cities http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/ Thu, 21 Jul 2016 07:57:19 +0000 hourly 1 http://wordpress.org/?v=4.2.5 By: baybal http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-1122070 Sat, 05 Dec 2015 09:36:44 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-1122070 >In just a two year period from 2012 to 2014,
>Zhengdong New District’s occupancy rate rose
>doubled, while Dantu’s quadrupled

And what are these in absolute numbers, and what they were originally? A 4 times increase of occupacny in a city with 0.2% occupancy rate only mean that the occupancy is still sub 1%

>Changzhou’s Wujin district increased to 50
>percent from 20 percent.

Why to bundle a suburb of a major city with ghost towns build in the open field?

Your omission of that information seem to be rather deliberate

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By: Ditch_Hart http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-1121368 Tue, 01 Dec 2015 22:53:13 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-1121368 An increase of 50% means nothing when you’re going from 10,000 to 15,000 people in an area built for 200,000. On top of which almost no one can afford the living spaces. Those apartment buildings were paid for by the swindled poor, who will never see a dime in return. China’s economy will collapse the second our Fed’s policy is shown to be short-sighted. The difference between North Korea’s ghost towns and China’s is that in China the elevators actually exist.

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By: Kapico http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-1103104 Tue, 08 Sep 2015 20:56:52 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-1103104 How about…letting the Syrian refugees live there?

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By: KewGardensMale http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-1100413 Sat, 29 Aug 2015 22:13:31 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-1100413 Now that the command and control, communist bubble has broken, I’m sure that the author is busy researching his mea culpa article.

After all, as others have posted here, nature (free markets) doesn’t build on a monumental whim and a prayer. (If communists prayed, that is.) After all, with their “one child policy”, from where did the communists think the denizens of these Potemkin cities would come? India?

So the communist Chinese real estate bubble (what’s a good word for a mammoth, inconceivably LARGE bubble?) bursts while holding trillions of U.S. debt. While Urkel Mugabe is frantically “fundamentally transforms” Western Civilization. And de Blasio here in NYC is similarly busily restoring the squeegee men-Times Square hooker-Central Park mugger-2,400 murders a year world from our pre-Giuliani days.

Maybe all the devastated Chinese who lose their shirts in the real estate bust and their jobs can come and live in Gracie Mansion? I’m sure Chirlane is making their room up as we speak.

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By: Vinagaroon http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-1056421 Sat, 06 Jun 2015 16:27:26 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-1056421 Building cities for a million people with only a few thousand actually living there, out in the middle of nowhere, seizing land from farmers thrown into poverty while fleecing investors – all based on the utopian assumption that China will keep growing and developing until they look like the world of Star Trek.

Communists believe that they can will their beliefs into existence, a trait shared with Wall Street free market capitalists. Communism is famous for building useless, gargantuan monuments to group-think failure. Success grows organically or not at all. Its certainly not possible for corrupt government hacks and real estate hustlers to build the world of tomorrow. We’re looking at the biggest real estate bubble of all time.

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By: paintcan http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-1035263 Sat, 02 May 2015 13:59:24 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-1035263 Nice job – that last post went in – what happened to the post I really wanted to enter?

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By: paintcan http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-1035262 Sat, 02 May 2015 13:57:51 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-1035262 Why bother to call these blogs “Great Debates” when the author can prevent anything he or she choses and steer the argument to flatter his own dubious, and quite possible sponsored, point of view?

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By: Thingumbob http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-959135 Thu, 23 Apr 2015 12:29:53 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-959135 I’m sure there’s millions of residents of the free-trade burnt-out US rust-belt that would love to move to these new cities in China.

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By: EndlessIke http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-953936 Wed, 22 Apr 2015 22:36:27 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-953936 Maybe if the chinese are forcibly moving millions of people into these cities they have a chance. It’s pretty simple economics to say that no centrally-imposed top down development plan will ever meet the needs of a region or its individuals as well as organic growth in response to demand.

It’s a farce to say that its too soon to judge because the Chinese give themselves 20 years to meet their goals. Either the development will wildly miss what the region requires in any number of a dozen different ways, or people will be forced/coerced into living in these cities against their will so that the development will otherwise appear to hit the projection. Either way is a huge loser for China and the world’s real economy, where resources and people should move freely to be put to their most productive uses. I would encourage Reuters to employ more economic journalists and few ethnographic journalists, whatever the hell that is, when discussing matters of political economy.

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By: EndlessIke http://blogs.reuters.com/great-debate/2015/04/21/the-myth-of-chinas-ghost-cities/#comment-953931 Wed, 22 Apr 2015 22:36:06 +0000 http://blogs.reuters.com/great-debate/?p=39724#comment-953931 Maybe if the chinese are forcibly moving millions of people into these cities they have a chance. It’s pretty simple economics to say that no centrally-imposed top down development plan will ever meet the needs of a region or its individuals as well as organic growth in response to demand.

It’s a farce to say that its too soon to judge because the Chinese give themselves 20 years to meet their goals. Either the development will wildly miss what the region requires in any number of a dozen different ways, or people will be forced/coerced into living in these cities against their will so that the development will otherwise appear to hit the projection. Either way is a huge loser for China and the world’s real economy, where resources and people should move freely to be put to their most productive uses. I would encourage Reuters to employ more economic journalists and few ehtnographic journalists, whatever the hell that is, when discussing matters of political economy.

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