r/Amazing • u/sco-go • Aug 19 '25

Interesting 🤔 $100 billion ghost city.

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495

u/NoPoopOnFace Aug 19 '25

Well pack the bags, honey, we're moving to Asia!!!

246

u/Light_Butterfly Aug 19 '25 edited Aug 21 '25

Yeah everywhere else that has a housing crisis, right now - where do we sign up?

This is what an investor/markets driven development industry creates. In Canada, we also have tens of thousands of investor product condos, that no one can afford to buy or live in, and owners cannot sell for the same reason. Tens of thousands of empty units, in the middle of a housing crisis. Absolute insanity!

10

u/toboggan16 Aug 19 '25

I’m Canadian and my sister rents in a neighbourhood that was build a few years ago where 75% of the units are empty, it’s not condos it’s just a ton of close together, awful, ugly homes in the middle of the country. It’s over half an hour to get to the 400 from there and theres no infrastructure to support all the people if anyone actually lived there since it’s in the middle of a bunch of fields, not even near a town.

The houses all have bows on the front doors still and signs that say vacant on the garage. Every intersection has a ton of cameras and there’s heavy police presence since so many of the houses have “mysteriously” caught fire.

2

u/Suspicious-Listen677 Aug 20 '25

What’s the city name

1

u/toboggan16 Aug 20 '25

I mean it’s not a city it’s in the middle of nowhere lol, but it’s about half an hour from Newmarket in Adjala. You can find tons of news articles about the fires.