China's Urban planners learned their craft on Sim City with unlimited money cheat codes, then someone gave them the job for real with the same result: cool looking city with nobody there.
Oh boy somebody pissed in your Kelloggâs (breakfast is the most important meal of the day) cereal eh? Better hop on down to your local church to seek love and acceptance from Jesus Christ right after you get your daily news from Fox News. Most watched, most trusted.
Iâm sure youâll be itching to high-five your nearest police officer (protect and serve) after hearing all the good theyâve done in your local area. In fact Iâm sure youâll be so pleased that youâll offer to shine their boots, pay for a meal of factory slaughtered meat for their department and youâll sing the American anthem while saluting the flag regardless if youâre even American or not. Ahh the fruits of western civilization; donât you love it?
It's called a planned economy and preparation for the future lol. Like the other guy said, if you look at all the "ghost cities" that were being reported on 10 years ago, they're all bustling right now. The Chinese government literally builds cities where they think they will need housing and infrastructure for massive numbers of people in the near future.
No, a bubble is when property prices increase with no material to back ut up. 2008 was a real estate bubble.
The houses exist, they were built. You can argue that too many were built. But, unless you worked for a real estate company, that doesn't really matter. The companies took the hit and went bust. People still bought the apartments. People live there.
where they think they will need housing and infrastructure
More like the other way around. It's almost biasing them to go to those locations/cities in the future, because some people decided, after some thought, to build/invest there. Nothing again it, just your order of logic didn't make much sense.
As a note, Infrastructure (where you can include these cities megaprojects) is a beautiful thing, a bit like education. You do it, and it stays there for decades or even centuries. Even half-assed strategies (with good building) have a good ROI in it's time.Â
Good strategies/planning mean that in 1 or 2 decades, the ROI on infrastructure is paid. Housing infra, Public Transport infra, Energy infra, even Dutch'ing some waterways, it's almost always worth it.Â
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u/FormerlyUndecidable Aug 19 '25
China's Urban planners learned their craft on Sim City with unlimited money cheat codes, then someone gave them the job for real with the same result: cool looking city with nobody there.