Feel so bad for that guy selling the toys!

@funnycnn

7 жыл бұрын

Don't be, this very spot is now full of people. The video was shot in 2012, now there are more than 2 million people living in that area.

@possiblyadickhead6653

7 жыл бұрын

funnycnn why

@takeaguess3527

7 жыл бұрын

-lofioverlife- I know, me too!! My heart just broke for that poor man. Smh

@marklee8644

6 жыл бұрын

He closed his store and moved back to old oredos

@georgewu5

6 жыл бұрын

There are 1.4 billion Chinese people in China looking for a place to live, a toilet to shit, and a place to shop. Several million overbuilt building are the baits for the poor people to work harder to get there. High rise structures are the only logical way to over build for the future for 1.5 billion Chinese people to occupy after they worked hard enough. Shall we say this is capitalistic thinking. You bet it is ! The commune never got the incentive for people to work. There was a saying years ago in China that " It is 36 rmb if you work; it is also 36 rmb if you don't work. " So why work ?! Deng did a good job to change that laziness ! George Wu, AIA, ARCHITRECT, NCARB 2017-10-18

I don't get this??? I watched a documentary about Hong Kong and they literally live in a box and here in the Mainland China, 64 million empty apartments? SMH...

@LEXANNEPIANO

5 жыл бұрын

Richard Navasca me too. I’m speechless. The government is extremely greedy and they have no compassion.

@blyatmanmarkeson708

5 жыл бұрын

Look the one ruler two countries policy up, this and the overall wealth of Hongkong and it’s social policies will explain it. Also there is a language barrier between Hongkong and mainland china

@michealhebert9560

5 жыл бұрын

Richard Navasca actually we all live in a box

@tomaiken903

5 жыл бұрын

Yes I saw a documentary too. They were in Hong Kong and living in actual cages. And it was not jail. And they were paying more money to live in the cage then to live in a fancy apartment. It was wild. 😱

@pointblank0020

5 жыл бұрын

64 million sounds like bullshit. I'm sure there's tons of empty apartments but it's probably not fucking 64 million..... right?

I honestly believe that the whole world is collectively insane.

@DATWagonator

Жыл бұрын

It's by design, a low knowledge populous is easy to control.

@JESUSISLORDforever888

Жыл бұрын

Sharon, I agree 10000%

@soreeyez

Жыл бұрын

and the sane are labelled insane by the insane........

@JESUSISLORDforever888

Жыл бұрын

@@soreeyez YEP👍🏾👍🏾👍🏾👍🏾👍🏾👍🏾🤷🏽‍♀️🤷🏽‍♀️🤷🏽‍♀️🤷🏽‍♀️🤷🏽‍♀️🤷🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️🤷🏻‍♂️🌸

@artzmove571

Жыл бұрын

Yep

I like how the guy that can’t buy a home says that “the government should intervene “ as if the government isn’t creating the problem

@oldarkie3880

Жыл бұрын

That's the problem, government is intervening.

@ourtechwriter

Жыл бұрын

The problem is he's been indoctrinated that the government, aka big brother Mao, has all the answers if they will only appeal to him. But of course he's met the end of all tyrants: lots of photos when alive, and stuffed in a viewing box when dead. Revered for antiquity.

@timisaac8121

Жыл бұрын

yet he said first: "housing is a basic human right". What about that? You have some sharp answers. Is housing a basic human right?

@eldermillennial8330

Жыл бұрын

On the plus side, it would be a fantastic place to film a live action Backrooms movie.

@dabbbles

Жыл бұрын

'Democracy' both coming and going! Blame your voting/taxpaying neighbours.

China needs to realize that real life isn't sim city.

@heLlo-wo8ff

9 жыл бұрын

CaptainCrape You need to realize that they already populated this city with 2.5 million people and hundreds of active businesses.

@CrapeCraft

9 жыл бұрын

***** then they still think it's simcity!

@heLlo-wo8ff

9 жыл бұрын

Oh, I'm sorry. I mistook you for someone that had an iota of intelligence.

@CrapeCraft

9 жыл бұрын

***** I mistook you for someone who had a sense of humor. Oh and I'd like to mention I have a 4.0 GPA.

@heLlo-wo8ff

9 жыл бұрын

CaptainCrape I have a sense of humor, It's not my fault you aren't funny.

they can film the next walking dead.

@igorbuarque

7 жыл бұрын

ask mefirst same thought here

We have the same problem here in LIS angeles. Affordable housing replaced by over priced luxury condos nobody can afford.

@DarhaLB

Жыл бұрын

Yup Orlando too. Actually most of Florida

@lorascelsi8102

Жыл бұрын

Empty luxury buildings and homeless families, where's the logic?

@jebsmith323

Жыл бұрын

Not the same in China. These were built without even expecting that people would live there. It "looks good" so that people will think it's affluent.

@kawehionalani

Жыл бұрын

Same in Honolulu, Hawaii

@jh748

Жыл бұрын

Don't exaggerate; maybe you can't afford but others clearly can.

It would be interesting to watch updates on these projects after 11 years.

@myemail5457

Жыл бұрын

A lot of these things are falling down. Abandoned and the same has happened in Russia too. Make work jobs that come back to haunt them.

@twasbrillig33

Жыл бұрын

@Blair Witch hahaha!!!!

@ociliacanton2017

Жыл бұрын

Either the population goes crazy in reproducing people Or a mass amount of wasteful ruins made for an ideology of a huge proportion not caring who they harm in the end, (themselves) WOW indirectly committing suicide and embracing it.

@solominded

Жыл бұрын

still abandoned, bubble still growing, still building useless apartments

@michaelotieno6524

Жыл бұрын

Zhengzhou has a population of 12.5 million people as at Sept 2022. en.wikipedia.org/wiki/Zhengzhou

That was 2011 and in 2018 the situation has just continued. Those houses are still empty and falling apart now. Absolute insanity and such a waste of resources.

@nori_04

5 жыл бұрын

wondertwin have you been there recently?

@AloofOof

5 жыл бұрын

@@nori_04 advchina did an interesting episode on this topic 2 years ago... ghost cities havent changed from 2011

@adventureteacher2140

5 жыл бұрын

Sorry, but this is incorrect information. This mall is almost at full occupancy now. Dongguan has 8 million people now and is a fairly popular place to live if you don't want the overcrowdedness of Guangzhou as your home. I live 45 minutes by bus from Dongguan. EDIT: Here's a good article on the topic. theculturetrip.com/asia/china/articles/worlds-biggest-shopping-mall-china-no-longer-ghost-mall/

@sjwilkin

5 жыл бұрын

Adventure Teacher so all is good now in dongguan? I got the train through it once and it looked fairly occupied (June)

@adventureteacher2140

5 жыл бұрын

@@sjwilkin Yeah, a ton of people live there now. It was bound to happen once Guangzhou basically exploded in population.

THank you for showing this. I was in China in 1996 when citizens were taking old buildings down brick by brick to be reused but also the law said that every person over age 21 had to be employed. I was there again in 2006 and saw many tall skyscrapers. When I marveled, my translator told me that these buildings were empty, even unfinished on the inside, because no one could afford to live there.

@michellehughes576

Жыл бұрын

That is so stupid to build and people can’t afford to live there

@janev7214

Жыл бұрын

Chinese in u.s. claim no homeless in China!!! Wtf?..

@HOHLfmly

Жыл бұрын

Wow, that was 16 years ago! I would think they would be free by now!

@jebsmith323

Жыл бұрын

@@HOHLfmly You have to remember that this is about China. A very communist country even though they put on a good face. Still Communist.

@pianoman551000

Жыл бұрын

I remember touring/shopping at one of the newer malls in Beijing in 2010. Beautiful mall with all the shops that one would find along FIfth Avenue in NYC. However, very few of these shops actually had any customers other than the occasional tourist who couldn't afford the merch being sold. This mall had shops like Hermes, Gucci, Givenchy, etc. The local Chinese would never be able to afford the products sold; neither would most of the Western tourists.

When I lived in Shaoxing I counted 40 tower blockes going up at the same time and there were already tens of thousands of homes empty. Some Chinese I met lived in a dirt floor home with no plumbing as they don't want to spent money . When I moved there my boss took me an appartment in a high end luxury apartment tower like something in Dubai, I hated it, too bling and I was the only person living in the tower !

@pikachuclasico2366

Жыл бұрын

horrible grammar dawg

@coreyham3753

Жыл бұрын

Incredible waste ..... 64 million empty apartments.

@johnarnold893

Жыл бұрын

@@pikachuclasico2366 Obviously not a native English speaker like you.

@signheart7520

Жыл бұрын

@@pikachuclasico2366 ... The word "dawg" is not a real word, nor is it proper. Perhaps you should focus on the meaning of the comments and leave the corrections to real teachers.

@DarhaLB

Жыл бұрын

@@pikachuclasico2366 I’m sure English is not her native tongue SMDH

Just saw the Evergrande disaster recently and I can say yea this aged really damn well.

@hankreacts627

2 жыл бұрын

@Ernest Khalimov links

What’s crazy is i just came from a video about the cage apartments people live in in some parts of China. The waiting list for public housing is 10,000. Yet here, in their back pockets, are whole empty cities. Squander.

@juliusmappatao7630

5 жыл бұрын

Ergo Sum Adrieyl I came from the cage rooms of hongkong, hbu?

@nayeemaali3131

5 жыл бұрын

me too

@latinamarie80

5 жыл бұрын

Same- y cant they move here? Spread out.. So sad

@samslow8989

5 жыл бұрын

I came from their too. But HK is an island. This is in mainland China. HK, hates China. They don't want to live in this ghost city.

@lrose1310

5 жыл бұрын

They're vacant cause there's no opportunity there aka no jobs and no economy. All that only exists in a few big cities like Beijing and Shanghai and if you want a job not farming you go to those cities, therefore they're ridiculously crowded. This is China's way of trying to help that, but they totally forgot about building actual jobs and reasons people should go.

The air is so dirty you can actually see it.

@adiabd1

4 жыл бұрын

those damn coal power plants China's already developed so much, but the waste treatment for its industries still aren't regulated and enforced enough

@sev5733

4 жыл бұрын

this is a city in desert what do you want more

@michaelreilly3513

4 жыл бұрын

@@sev5733 I don't want it at all.

@larrybacklund700

4 жыл бұрын

Their people go hungry & they keep building,?

@brownie3924

4 жыл бұрын

se v Las Vegas is built in a dessert and is nowhere near populated or ”dusty” as that city.

so many empty houses, but people can't afford to move out of their parents house. Interesting.

@alexhu7939

2 жыл бұрын

interesting fake news made 10 years ago!

@andromedamessier3176

2 жыл бұрын

@@alexhu7939 it ain’t fake 10 years ago. It was up to date with the time 10 years ago. You just refuse to see the dark side cause you want to save face.

@stevenfetzer4911

2 жыл бұрын

These are not for living but for job and gdp creation.

This is just the tip of the iceberg. This covers just the ghost cities, but according to recent reports there are enough houses and flats to house 3 bio. people in China. It is an enormous real estate bubble of epic proportions with even popular cities having 30% vacancies that will never be filled.

@roberts2697

9 ай бұрын

The other city Donguan - kzread.info/dash/bejne/qnuKlZizoK2YgpM.htmlsi=BrL6u7sTHks8bdOx

If the Chinese government is happy to build and maintain empty multi million dollar skyscrapers they should be more than happy to fill it with the poor/homeless

@Peter-pv8xx

5 жыл бұрын

There aren't any homeless in communist countries because the state provides everything, the mentally ill which make up the majority of the homeless population would be institutionised.

@Paulo-zr5zo

5 жыл бұрын

@@Peter-pv8xx No homeless in china? try going in every city and come back to reply.

@pawneko5248

5 жыл бұрын

@@Paulo-zr5zo lol

@konradblades93

5 жыл бұрын

@@Peter-pv8xx Why can't someone with a 'Mental Health Issue' not be provided with accommadation? Some people in all societies for a range of reasons require more support than the majority. Making provision is humane, and civilised.

@tomaiken903

5 жыл бұрын

@@Peter-pv8xx Haha haha you are hilarious.

No neighbours? I'll take 2!

@Fx_Explains

6 жыл бұрын

J buy three get one free

@lQuadXl

6 жыл бұрын

*I'D BUY THAT FOR A DOLLAR!*

@memoryofthestars7449

6 жыл бұрын

ikr!

@artmanrom

6 жыл бұрын

:) Doubtfully someone will turn the heat on just for one or two apartment in the entire building. You'll have to stink the whole year, without no hot water for washing, let alone freezing during winters. Also buying food will be a real adventure in founding the very few shop provided with food, cos too many of the very few inhabitants have gone to the same place, it can be exhausted in no time. And lastly but not the last, founding a lucrative job would be harder than finding water in the middle of a desert. Excepting if you are a novelist or a visual artist who has an online clientele, but those are just exceptions out of the rule. XD

@donaldhicks3359

6 жыл бұрын

and catholics

What ever became of these people and apartments? I'd like to see a follow up video.

@chriswhynder8311

Жыл бұрын

i know right?

I lived in one of these empty cities when I went with my ex-wife to visit her mum in Beijing. We choose one of those apartments for 2 weeks and it was cheaper than a hotel or a rental house that is not dirty and old. But still, not cheap... During the night there was rarely any light on being seen in someone's window. There was probably 1 grocery place close to our "neighborhood" where we went to buy sometimes something, otherwise, everything was closed and we needed to take the metro train to a normal supermarket. I still have that feeling from that time there inside me. I still have pictures in my old phone from there. It looks like reference material for a post-apocalyptic game or movie. Also, her mother lived in really bad conditions, we went to visit her sharehouse. And I won't even talk about her job and her payment... She went missing.

This was a gross demonstration of wasting money. Money they could use for somethin much more important. I'm speechless.

@ZZZZXXXXXZZZZ

6 жыл бұрын

belly tripper belly tripper ugh in the US too? Man, if I lived near there; every pothole, cracked sidewalk, homeless person, litter pile, would nauseate me knowing that they are building crap when they can't even fix up and keep what they already built nice!

@gaijanglungmaringmei8813

5 жыл бұрын

Do your research....the city is now overcrowded.

@ulfhenarpolymathmilitant6258

5 жыл бұрын

64,000,000 empty apartments? !!!!!!! that is a far cry from the claimed world over-population!!!!!!!!!!

@ulfhenarpolymathmilitant6258

5 жыл бұрын

jin lei yeah BULL SHIT

@TimSlee1

5 жыл бұрын

Yeah, I agree. Why don't they provide better funding for farmers instead? Most Chinese farmers can't afford to have more than one child and most of the time they choose to have a male child. This is creating a huge imbalance of 118 men for every 100 women. Sufficient funding and *research* can solve this problem.

I'd kinda really like an update on all of this being 9 years later.

@jasonjames4667

3 жыл бұрын

They were one of the only few countries to have a positive GDP this FY. Whatever bubble they're blowing up doesn't seem to be bursting after 9 years

@harshjain3122

3 жыл бұрын

@@jasonjames4667 economists need to change their method of scrutiny I feel. They have been predicting China's collapse for decades now. And what happened?

@offwallstreet6386

3 жыл бұрын

​@@jasonjames4667 that's a a fact. There mirroring what the USA did in 1990's with the housing and community development act except there not repackaging the mortgages into CDO's and MBS's. and look into the amount China has invested in high speed rail over the past 20 years... crazy really.

@aoeu256

3 жыл бұрын

kzread.info/dash/bejne/nJ2GxpNrf9OcdZs.html

@snorlaxgaming3185

3 жыл бұрын

In seems that more people have moved in there's a few pics online

Here we are 11 years later and what looked bad back then has got even worse. The problem has got so big that the government is at a loss as to how to deal with it. When individual real estate companies carry debts of $250 billion and have to borrow more just to service the existing debt then the end cannot be far off now.

Where has all the residents in Chinese cities gone. This is concerning 😟.

@ianashton1593

Жыл бұрын

Back to their hometown….. lots of foreign businesses have pulled out of China due to rising costs and moved to other countries. Was there from 97 until 2012 working in the sporting goods industry and was transferred to Vietnam. Some of the factories I worked in were huge, most have now been demolished.

@perpetualprosperity2963

Жыл бұрын

May be cannibalism has started again. The Chinese elites have a exotic meat craze, may be that is the reason 🤭

Well i know what city is going to be the next safe haven for a zombie apocolypse

@anthonyh2540

4 жыл бұрын

Dogmeat zombies will start in china

@anthonyh2540

4 жыл бұрын

And stay in china

@anthonyh2540

4 жыл бұрын

Starting with the billion aires and leadeds i feel like, the reckoning starts in china

@bar-sabas4801

4 жыл бұрын

Definitely right

@madmaxrerisen

3 жыл бұрын

Pretty much was zombies and falling over sick. kzread.info/dash/bejne/hWyYw8GKicXfn6Q.html

They have a plan,they're just not telling us!

@CyberStalkingCr33per

9 жыл бұрын

I agree!

@qiq6137

9 жыл бұрын

SuperBlueboy61 haha~they should go the the "ghost city" right now, which is the second (maybe first) thrivest district of the total 16 districts in that city.

@davidevans9906

9 жыл бұрын

Maybe they are just planning for the future population.

@bio2020

9 жыл бұрын

Their plan is to continue building until every single Chinese citizen can be given an apartment at very low cost to the citizen. They cannot hand the apartments out yet, because then it would cause civil unrest as some families get picked first before others.

@alex8353339

9 жыл бұрын

No, I think they're just stupid...

Is there a follow-up video on how it is like there in 2021? Are there success stories for cities recently made from scratch? Just interested if the build it and they will come method has worked out.(hope so)

@Cl0ckcl0ck

2 жыл бұрын

Just google: China, Henan, Zhengzhou, Jinshui District. Maps shows you most parking lots full of cars.

@llothar68

2 жыл бұрын

Some are good like Zhengzhou, some are still terrible and some even got flattened. But the pyramid scheme went faster and higher the last 10 years.

Fast Forward to 2021, I wondered what this looks like now. it took 10 years for the bubble to Pop

They expect the balance of a $300,000 apartment in 3 years? In America they give 30 year mortgages so that people can afford to buy a house.

@CFlipify

5 жыл бұрын

Anthony Cappucci 50% up front the remaining balance over 3 years who tf has 150k cash

@TruckTaxiMoveIt

5 жыл бұрын

These properties are being built primarily to be sold to investors not necessarily to people who want to live there; Also the 'balance' could be financed but given the fact that these properties are not likely to be rented anytime soon it's not likely that these people would need or want to pay interest on a loan for a non income-producing property.

@TruckTaxiMoveIt

5 жыл бұрын

@@CFlipify a whole bunch of people have enormous amounts of wealth in China so they can buy up whole blocks of apartments, keep in mind that China limits their citizens from making foreign investments and because of that wealthy Chinese Nationals have to find ways to invest in money within China and buying real estate is one of them.

@user-eq1ki1ne8t

5 жыл бұрын

Truck Taxi it is an investment play but it eventually payed out and this area is now very crowded

@musicman0423

5 жыл бұрын

Huqiao Shan I’m just curious how you know that they are crowded now? I see and hear everywhere else that they are basically the same, and they have built newer ghost cities. Money is destroying the world, and it’s man made!

I am Chinese. These empty apartments and shopping centers are real in some places of China. I went to a shopping center in central south china 4 months ago and very beautiful---but not many customers. However, in shanghai, the housing crunch is crazy. Too many people and not enough dwellings. The prices are out of control. Exactly what is happening in NYC and SF. However, if you build multiple apartments in Des Moines or Lubbock, there not enough people to fill those apartments and the housing will be mostly empty.

@rkegw3807

5 жыл бұрын

Makes sense

@edwinahutchinson8900

5 жыл бұрын

This is a weird explanation

@TruckTaxiMoveIt

5 жыл бұрын

That's a good analogy but in the United States people are not going to buy empty condominiums in Des Moines or whatever that other place was that you mentioned. The main reason people are buying condominiums in empty cities in China is because the country limits Chinese Nationals from foreign investment so they have to invest within the country so what they try to do is invest their money in those different directions, if in the United States we had the same situation in which we could not invest our money outside of the United States then we would do the same thing in terms of buying up property in areas where we think development will grow in the near future resulting in long-term profits .

@Fitheach81

5 жыл бұрын

John S - As a Chinese person who is or was there, besides the obvious issue of the frantic construction rush & high costs and stringent payment terms (50% down and 3yrs to cover the rest) my immediate thought & concern was the quality. Are corners being cut to reduce costs in favour of faster building? Is structural integrity compromised in the process? That would be a horrific disaster in the regions at risk for earthquakes if densely populated. I believe North Korea has gone that route with rapid growth but poorly done.

@4FYTfa8EjYHNXjChe8xs7xmC5pNEtz

5 жыл бұрын

China: come for the ghost cities, stay for the smog.

Journeyman Pictures, please give us an update on this ghost city. What happens to it now? My guess it must be now a bustling city. Many of Chinese experienced top bureaucrats each governs over hundreds of millions of people. They would not just squandered away hundreds of billions of dollars and still remain in office. so, why this phenomenon? It is their foresight and long term planning objective. China's long term planning is beyond the understanding and imagination of the western world or western brained-washed people. There were such so-called ghost cities by western standards that were brought back to life a few years after planning and constructions. Is China your dearest friend? Why worry for China? The west should have gloated over Chinese abysmal city planning. Why don't they? If these were true China will be brought to her knees in no time! So, China would collapse as joker Gordon Chang had predicted many times over. This is because some years later these cities were vitalized and teeming with people, cars, metro and high speed rail. Come on, do your readers a service. Give us an update for the completeness of the report.

This seems to be a Hollywood Director's delight. These empty cities could serve as sets for an apocalystic movie.

I feel bad for the guy running a toy shop in this empty ghost town mall.

@katsu890

7 жыл бұрын

***** Chinese Ghost City.

@goodgirlkay

7 жыл бұрын

Kingofthen00bs games Based on what legit info?

@chengxu2990

2 жыл бұрын

the rent was cheap then and now the mall is packed with ppl.

@christinefreeman7531

Жыл бұрын

How does anyone feel bad about ( GREED ) finally taking affect on ppls lives.

@frankfarago2825

Жыл бұрын

The same reporter went wback the next year, the toy shop was gone.

Dubai will be next, cost of living is rising. Salaries is not increasing. Expats are leaving. Tourism during summer is poor because of the heat.

@backfromvancouv

4 жыл бұрын

2ong son say what??? Negotiate a better rent on your next lease.... too many empty Apt’s and rates are going waaay down

@krotsin

4 жыл бұрын

Wait until they run out of oil. It's going to be interesting. Even though they say they don't depend on oil any longer, which I hardly find to believe it.

@amersiraz7455

4 жыл бұрын

krotsin cause you are stupid Dubai has 1% oil left

@amersiraz7455

4 жыл бұрын

@Racheal Niwagaba well I have reasons to call him stupid he is ignoring facts

@carlmaggio8188

4 жыл бұрын

@@krotsin 'woozy. ''' '''

China could probably take all the US homeless people since the US can't seem to figure it out.

@stephenking3356

Жыл бұрын

Great, let them head over. Maybe they can take a few million border crossers too. Free shipping.

It's crazy that this video is twelve years old, and this bubble, "bigger than any we've ever seen," is still inflating. 😮

That mall is too crowded, no thanks

This is like when you can't make your minecraft world a server

@demerain1

7 жыл бұрын

Lol, right!!! Tell me about it!!

10 years later now and China is in the midst of a real estate crisis, featuring Evergrande, Fantasia and other over-leveraged players.

@LordbomberD

2 жыл бұрын

Boy are they dumb. If you had that many empty 10 years ago what's the total today. Mind you the build quality is rubbish so how many are standing today.

@llothar68

2 жыл бұрын

@@LordbomberD All of them?

It looks like one of those towers under construction was beginning to erode even as it was being constructed.

Deserted and yet still polluted, hats off.

@LS-tk7hp

6 жыл бұрын

that might just be fog

@stormyalice

6 жыл бұрын

Mark Whitfield China is really cleaning up, though. Quicker than the US is, actually.

@supertotoro

6 жыл бұрын

- JAVA - difference is USA is spotless compared to China. I live in South Korea and the horrible chinese air blows over to here. Its not as bad as china but still really bad.

@mjag2834

6 жыл бұрын

And the peasants are still revolting!

@charleshoang6481

6 жыл бұрын

Shithole country !

Came after hongkong's small apartment video

@ayddhjo5582

5 жыл бұрын

RatherA .. same with me. Hongkong’s cage house and Japan’s shoebox brought me here

@agilwijaya7782

5 жыл бұрын

same lol i came here after vox documentaries about cage housing

@papilloneffect4015

5 жыл бұрын

Same, I'm confused though. The guy in the Vox video said the rent problem was that their market was "too free". However in this video, they say that the government restrictions make people have to pay half the full cost up front. Thats a contradiction. However this video is from 2011, so maybe China's policies have changed?

@siytz.w

5 жыл бұрын

The vox video?

@tomaiken903

5 жыл бұрын

You see how they are living in actual cages. Crazy isn't it. 😱

AHHH.... WHAT !!?? THIS IS INSANE !! WHAT A WASTE OF RESOURCES, FARM LAND, & WILDLIFE HABITAT !! WE ARE ALL DOOMED BY THIS DESTRUCTION/CONSTRUCTION ...CONSUMERISM/ CAPITALISM IS DEVOURING THE NATURAL WORLD !!

This 11 Years ago, pls update us on how it looks now.

Makes you wonder why you aren't allowed to film, even the toy shop guy seems like he is choosing his words carefully, how is the shop still open?? Something seriously isn't right, so over crowded in most places!!! What the actual hell..

@musicman0423

5 жыл бұрын

Bradley Mcewen communism

@liviawang3822

5 жыл бұрын

communism makes sure you don't say anything that can give China a bad face especially in media

@michaelreilly3513

4 жыл бұрын

@@liviawang3822 This is not communism. This is corruption.

I feel bad for the toy shop owner

@thehypercasual385

6 жыл бұрын

He doesn't even realize that he's an NPC

@jamesmueller1921

6 жыл бұрын

DailyFilmingBasis ,,, what about all the toy makers ,,,

@vitastreamh1160

6 жыл бұрын

Don't be. He is probably a millionaire by now.

@rogeronslow1498

5 жыл бұрын

I hope he doesn't work on a commission basis.

would you like to live on the 20th floor in a building that has power blackouts 6 days a week, could you face 20 stories of stairs every day, (no power no lifts )

I think I saw this on a documentary years ago -- villages based on England's Thames etc. It's horrifying the enormous waste of food, housing, trees, cars (crushed by the govt fully loaded) & so much more. I WISH I could live without buying anything from them. I read that frozen chicken dinners are sent to China to stuff the chickens then sent back to us. Is that even possible/feasible? A sign that you have too much is throwing out perfectly good clothes, sneakers, FOOD -- a bunch of vegan food was thrown out yesterday bc it was "woke", said the NUTJOB who instigated it. I'm always shocked but shouldn't be, why shouldn't China have the same housing corruption as here...

@hunterbiden7391

Жыл бұрын

You good?

instead of making expensive high class properties, why don't they make cheaper apartment?? don't they study the market first before start building the properties??

@khchong8541

6 жыл бұрын

Fadli Ramadhan cheap apartments don't boast GDP growth.

@h.q.1265

6 жыл бұрын

Something regarding displacement costs.

@joliemwah8694

6 жыл бұрын

in the short term it doesn't but in the long term it does boost GDP growth

@bugmaster05

6 жыл бұрын

@@joliemwah8694 no cheaper doesnt boost growth for both short term and long term. That is why the chinese government make it expensive cos at least in the short term, it will boost GDP and fuck the remaining terms. If cheaper boost GDP for long term it will be a prospective plan for them since they have the manpower and land area to build but they all work the math and come to the conclusion that it will not so they opted for another.

@nakeitafrater3712

5 жыл бұрын

They build cheap apartments and sell them for expensive prices

The world has reached a ridiculous point

@dr2stroke611

3 жыл бұрын

ecosystems are going to start failing soon.

@chengxu2990

2 жыл бұрын

Yes you are right. no more crimiral gov and biased media. 2021 this city is packed and foreign brand hotels like Hilton, Marriott, Sheraton, Aloft, Holiday inn, Le Meridien open business in zheng zhou new district. They won't be there if no demand. it's one of the most successful newly built city in China kzread.info/dash/bejne/hqR1u7yOqa3NppM.html google or youtube zheng zhou new district /郑州新区

is there ever gonna b an update interview on this topic?

In my town before 1990, there were only 2 ginning factory. Now there are 12. Out of these, 5 are now closed. 3 were established, just in 2001

Meanwhile in Hong Kong....

if they had a walmart there people would move there

@qdasoo7

8 жыл бұрын

+wulfe man starbucks

@flyerboy2594

8 жыл бұрын

+wulfe man what are you talking about, most things in Walmart are from china so i dont think one Walmart in a specific location is enough to attract people when what every you need at a low cost can be found literally anyway in china

@noonespecial1285

8 жыл бұрын

+flyer boy do you remember when WalMart was first established? It was "US AMERICAN MADE" they didn't sell anything that wasn't made in the USA. What happened. Something wrong going on over there and they are sending all their pollution over here. I am afraid the rumors of war, being crushed by China could have some merit. I have lots to say but think it be time to shutthefukup eh?

@junq4195

8 жыл бұрын

most things in walmart are from China not meaning things in China are as cheap as things in walmart

@Baymax-xs6jw

6 жыл бұрын

wulfe man ,or Costco!😊

would like to see an update of the same place Zheng Zhou today! I think you will be amazed

I looked up this place on Wikipedia & found that now it’s bustling & crowded & has a huge population! It was empty for quite a while but seeing the pics of it now compared to then is like night & day!

@louskunt9798

Жыл бұрын

No it isn’t. My parents live about 10 minutes from where this was filmed and it’s actually become much, MUCH worse to the point that they’re tearing the buildings down because they’re falling apart. Nobody believes fake Chinese bots.

Why the fuck aren't we sending refugees here?

@JamesBond-uz2dm

8 жыл бұрын

+Arkan Because Chinese are racists. They will never give up their monoculture. I bought gasoline today for $2.03/gal. This video explains one reason why. The 12% GDP growth in China has fallen.

@kmcl11

8 жыл бұрын

I just found out this piece is old. This city is now inhabited with 2 million people. See, the chinese can get things done.

@hyssop8974

8 жыл бұрын

Nikki Jones I'm super impressed. China fucking knows what they're doing

@yimingyang8244

8 жыл бұрын

+Nikki Jones Indeed, There are ofc some ghost cities in China, but the western media call every empty area as ghost city, which is simply not the case. Everyone knows that China is growing fast, entire new towns, districts are built every few years even months. Then the western media rushes to these new areas and claim it to be a ghost city...I mean, come, you cant populate an entire district in one day. As you said, this video is published 2011, and now in 2015 it has millions of residences. The western media will never go back to the same city and tell the western people that it is now NOT a ghost city. Instead, they run to another newly built area and claim they have found another ghost city..I have to say, this is very disappointing. It only makes Chinese to think how silly and self-deception the westerns are.

@rarecharisma

8 жыл бұрын

+Yiming Yang are you a paid Chinese government KZread commentator?

My parents purchased two apartments on a bit of the farside of our hometown in China. The concept behind the apartments were great, luxurious high end apartments/townhouses right across an amusement park. The area was promised to be urbanized, but it just did not live up to what they promised. The entire apartment building's renovation was sloppy, half painted (not to mention moldy) walls, not to mention leaking ceilings. Overall it just seemed like they left the apartment half finished. The area ended up being empty, housing rates were less than 20%. It was built by a well known corporation in China too. It really isn't that the government's okay with these homes being empty, truth be told, many of these homes are already owned.These homes probably don't live up to safety requirements, and have issues that needs to be fixed. The developers don't care about these issues or care about what their finished product is, leaving families feeling scammed.

@janinewetzler5037

Жыл бұрын

Hello, just looking for clarification: Is this a result of the Chinese culture to own property as a status symbol ? As you said most are already owned.

@peteparadis1619

Жыл бұрын

China building shoddy unusable products is a worldwide problem, quality control in China is nonexistent

@janinewetzler5037

Жыл бұрын

Most are unfinished buildings. How much of this ghost part is from not finishing the interior infrastructure or decorating in the developing part got to do with the 'bad Fung Chui' belief of another's energy going into the living space, (even just the workmen's )?

@PC-tz6rw

Жыл бұрын

Why wouldn't the government hold the developers responsible for handing a subpar product despite being paid full?

@vasileiosntinas7833

Жыл бұрын

τα μεταξωτά βρακιά θέλουν και μεταξοτους κόλους Allow me to say.

12 years on and nothing has changed.

50% of China's GDP is real-estate The USA 6%

Maybe they could relocate some of the poor farmers stuck farming the land around one of the many toxic waste dumps?

6 жыл бұрын

Why would they take American clowns into their country.

@grafito4438

6 жыл бұрын

China's GDP / profit, that's all that they were built for. They don't want risk of defaulted payments on high priced apartments that were aimed at giving them profit.

@trollin456

6 жыл бұрын

Only "stuck" by choice. Hard work has always paid off for everyone whom educate themselves and want more. Lets not be fucking dumb here

@ShadowShaw04

6 жыл бұрын

Are you dumb sir? Did you go to college? Even in America, I couldn't even afford college alot of people can't why do you think it would be different anywhere else? You don't think they know hard work their lives make your presumably look like barbie. So before you judge remember that not everyone was born into money.

@jackyblue67same10

6 жыл бұрын

Rite when they got clowns like you there sean onibud even ur name is funny.

The homes are not for living, they are chips for rich people to play games with.

@enonymuz8627

5 жыл бұрын

true

@enonymuz8627

5 жыл бұрын

real estate business for the rich

@Pushing_Pixels

5 жыл бұрын

The bubble is starting to burst. Developers are cutting prices trying to offload the apartments, and the people who bought at full price are freaking out. A lot of well off Chinese gonna lose a lot of money.

@user-rh2pv2kc5g

5 жыл бұрын

No in the city zhengzhou the once ghost city is now filling with 10 millions people...and the house price rises to 3times high!!!!!!!!!!!,

@TinyFlav

4 жыл бұрын

Chinese investors are buying property in Vancouver leaving them empty driving up prices.

This was 11 years ago. I wonder what happened to the monster mall?

Chinese' fascination with speculating and owning properties is getting a rude awakening - millions will lose their life savings on this as there is no demand for these units or an economic base to support it.

I think I just found a place for all those Syrian refugees. Yay. Good news.

@heoyoungji2018

8 жыл бұрын

:p

@myperspective5091

8 жыл бұрын

Lol

@Zebred2001

8 жыл бұрын

+Robert Swift You read my thoughts!

@myperspective5091

8 жыл бұрын

Vince Klortho We should call Germany, Sweden, France, Spain, Hungary, and Finland and tell them that their problems are solved. We will probably get medals of honor.

@Zebred2001

8 жыл бұрын

Only from patriots, certainly not from the unholy alliance of career politicians, civil servants and lawyers (a.k.a. - enemies of the West)!

300 thousand and ur heater and pipes are fully exposed infront of ur 1 window.

@user-yg2up4lg3r

5 жыл бұрын

Probably in their currency.

@Pushing_Pixels

5 жыл бұрын

If it's in southern china it probably doesn't get too cold.

@JointedSpagel

5 жыл бұрын

@@user-yg2up4lg3r that's only 3000 ish usd.

They call that economic growth it’s looks more like an economic collapse.

I used to travel to Shanghai on business for over 10 years. I saw these empty high-rise is going up. Another thing people do not realize as China’s population ages and shrinks over the coming 50 to 100 years there will not be enough people to maintain the high-speed rails bridges and roads they have built.

When you got to launder all that organ trafficking money .

@madmaxrerisen

3 жыл бұрын

Organs and plandemics and money laundering. kzread.info/dash/bejne/hWyYw8GKicXfn6Q.html

@connormccluskey9103

3 жыл бұрын

@Cloud Nine Shut the fuck up with that Qanon bullshit, there is 0 actual evidence and you are causing problems for the people actually trying to track down child sex traffickers.

shitty apartments in a shitty place with nothing around you...I would a buy a flat there for 50£ if they want

@jamespatrick6939

7 жыл бұрын

Theres investment options in China, maybe not as cheap as that but my economics professor bought two flats in the first city for $15000 for both

@MamaMOB

7 жыл бұрын

Bad investment options. Now your professor has two apartments he probably doesn't live in so there won't be any businesses in that area because no one lives there to buy their products and he will soon have to sell at a large loss because who wants to live in an abandoned city?

@thaynamite

7 жыл бұрын

+Mama MOB You are so wrong and your Prof will be a rich man in some years .. This report is bullshit and a simple lie ..Maybe it was like this in 2011 but times have changed ...

@jamespatrick6939

7 жыл бұрын

status update, he sold one of the apartments for $24000 last week, apparently as long as people keep building nearby, prices keep climbing

@rangermaverick85

7 жыл бұрын

going to Dubai next week, you can keep your china

First time I see this but posted 10yrs ago. It would be nice to see how an update 2021.

Can it get any creepier? What and who is behind such bizarre “planning “? Good Lord!!!

How easy would it be to squat in one of those.

@khwezay

5 жыл бұрын

If the police caught on to the taping in the mall then it probably won't be that easy to squat

@TruckTaxiMoveIt

5 жыл бұрын

I'm guessing extremely easy and the penalties would be extremely high remember these are all luxury units so if you don't look the part you're going to be questioned

@veronicaave4787

5 жыл бұрын

Bryce Weber I doubt Chinese jail is better than being homeless they don’t have any humane laws protecting prisoners like America does

@janaekelis

5 жыл бұрын

The problem with neglected living quarters are that they can collapse. Not very safe, and not a risk anyone should take

@ArinJager1

5 жыл бұрын

@Victor R. religion is NOT freedom, it's slavery of mind

what a messed up world we live in. honestly i feel for these people so much, its hard enough being poor but to look up at hundreds of empty apartments while living in squalor is just cruelty!!

@glynnisthomas9165

Жыл бұрын

Not hundreds. Millions.

@Littlelamb2023

Жыл бұрын

@@glynnisthomas9165 that’s even more sad 😢

11 years ago. Now its just the tip of the iceberg, and that iceberg is about to turn over. Empty shells, built so poorly, they are already crumbling. A piggy bank made of paper, in the rain.

11yrs later and that bubble is ever so big and the closest as it’s ever been to bursting

"we need the government to intervene" no that's why it sucks in the first place...

@jahmalonbethel1307

7 жыл бұрын

The Gadsden Snake America owes China a lot of money.

@BOLPutube

7 жыл бұрын

Jahmalon Bethel What the fuck does that have to do with this.

@jahmalonbethel1307

7 жыл бұрын

BarackObamaLikesPoop Im just explaining the reason why Chinese people aren't making a lot of money and they can't afford to buy stuuf out of the mall and that's why it's empty.

@AndrewManook

6 жыл бұрын

I would be more surprised if anyone believes your bullshit.

@AndrewManook

6 жыл бұрын

Obviously towards you, who else just wrote a paragraph of bullshit?

As a Chinese I went there this summer and it is really creepy that there are a few people on the street, shops are empty, nothing there especially at night..........

Perfect locations for post-apocalyptic movies.

Heres a GOOD video on the subject today: kzread.info/dash/bejne/qX5srKSNebm7hto.html

If you allow poor people who work to move in by paying only 20K with a twenty year loan then those ghost cities will become very busy and prosperous. The buildings are poorly made so they are not worth more than 20K.

@MiaogisTeas

5 жыл бұрын

Great idea! However, not all of them are rubbish. There are some developers that are really making great properties. Also remember houses in Asia are generally constructed to last only 30 years or so, because it's easier to rebuild anew than to constantly repair.

@CARTOONIVERSE1

5 жыл бұрын

IHeartCryptoverse- If I were a China Millonaire I'd buy 1 & rent to working families at insanely affordable prices(strict background checks first)and then replicate the process. In a few years I'd have a whole block of thousands of families *lifted into the middle class.*

The poor should move in. A million homeless go there all at once and just move in.

@tile2820

5 жыл бұрын

Bonnie Beams and from what will they live???There is no job in these city’s...

@Pushing_Pixels

5 жыл бұрын

Even without jobs it would be a step up. Instead of being poor and homeless, they would be poor but with homes. Also, a million people moving in would create many jobs.

@user-rh2pv2kc5g

5 жыл бұрын

No in the city zhengzhou the once ghost city is now filling with 10 millions people...and the house price rises to 3times high!!!!!!!!!!!,

@1Nida

5 жыл бұрын

Too bad you can't walk there from Central America.

@pentiumradeon

5 жыл бұрын

东皇太一 what changed?

12yo docu talking about the real estate bubble that they are still talking about today.

Saudia Arabia did that in the 80s. I worked in Ryhaid and was taken on a tour of the empty town for the Bedouins. They didn't want to live there. They liked their desert life.

People use such flats for washing their money. Such flats also exist in other places. Banks like such expensive flats for *washing money for their customers.* The flats change hands on paper, but nobody lives there.

@CARTOONIVERSE1

5 жыл бұрын

epSos.de- Here in Vancouver *our* Real Estate Market is ALSO used by crime syndicates to launder money. The government *knows* & refuses to do anything.

That's insane. You have brand new buildings completely empty while 5 people live in 1 room slum. Why not just lower the prices? A cheap sell + taxes is better than no sell. Why would they keep prices so high?

@Kanqiu7743

6 жыл бұрын

China’s got no taxes

@UnrecycleRubdish

6 жыл бұрын

#1, those 5 person in one room apartments are in Hong Kong, not mainland China. In China the amount of space is not an issue. #2, these kinds of housing developments are not meant to falsify growth; they play a role in the governments mismanaged attempt at mass urbanization of the country.

any follow up it's been 11 years now the guy in the mall still there?

Late 2021 Calling, you nailed it.

5 years past after this video uploaded, price of real estate doubled in china

@MrLiangyuwei

7 жыл бұрын

in first line cities only, not all across China

@xianyu3211

7 жыл бұрын

Ray Liang all across china

@xianyu3211

7 жыл бұрын

ciaran devaney fahkyou ciaran davaney

@ms.m3n

7 жыл бұрын

but....just cause the price is going up doesn't mean it actually is of any value. lol they're so obsessed w "saving face" before thinking of long term consequences, always taking "easier" money short cuts. everyone knows they're shady w accounting!

@Election-sv6ok

7 жыл бұрын

There is no big credit bubble in China because you have to pay fifty percent upfront to buy an apartment, house, or condo. That is how they protected themselves. The bubble that can possibly happen is a revolutionary bubble...people starting a revolution to get better housing. But, they have a military government to keep that under control.

They should just hand out these apartments as free government housing

@apegrasshoplizard

6 жыл бұрын

DonCervantes I disagree. They can afford to make it public housing and in the process show the people the true spirit of communism. Ofcourse most would be party members and govt. workers but they should also reward others for merit earned and contrbutions in all fields. They could calm the tempers by giving the elderly of bigger cities a place to retire and young families to settle.

@jamesmueller1921

6 жыл бұрын

R yt ,,, not all countries give out welfare as easily as America and some of the other civilized countries ,,, why do you think they enforce their borders ,,, notice nobody tries to sneak into china ,,, after 4 years living in China ,, my son and his Chinese wife moved back here ,,, even though he is an army vet ,,, they had to jump through hoops ,, just to be here LEGAL ,,,

The video was 11 years ago , what is it now?

I feel so bad for those people living in that small space.

The build quality is so bad, that they will probably fall down down in a few years anyway.

@HelenaPedroso

3 жыл бұрын

"Too young to be old": When? China is taking Nepal, now.

@prathamthapa8155

3 жыл бұрын

@@HelenaPedroso who told you that

@RenanzinhoSopadeAbobora

3 жыл бұрын

You really dont know china buildings lol

@defencebangladesh4068

3 жыл бұрын

lmao not true

@mgh62000

3 жыл бұрын

Except that your comment was in 2020, making this documentary 9 years old at the time, and the buildings are still standing.

Most of these housing projects are too costly for average income families. Also too far from from their livelihood. I travel to China often and always amazed how fast they build such infrastructures in a short period of time. People in remote areas still prefer living in their ancestral homes. Most have farms and small businesses just nearby.

@yossiallen3316

Жыл бұрын

They build fast but their quality is in the toilet 😂😂

So Bizzare! Makes you wonder what it’s it’s like 11 years later since this was posted.

The problem is that China is NOT a centrally planned economy but rather, as the same (self-contradicting) commentator noted, the central committee sets provincial GDP targets that unelected - and invariably corrupt - regional administrations use on speculation and to funnel money into construction projects that benefit firms to which they are personally connected. The units are then used as speculative portfolios by the wealthy connected few, where they are more valuable empty than occupied (reverse of Western consumer assumptions). That, in addition to the Jiang Zemin rule that allowed firms to fund new projects with fees coming in off old ones before the old ones were completed, makes for a very nasty, inequitable storm of waste, massive fraud, and lost productive potential. This is all a very far cry from central planning based on census data and scheduled production targets as in the USSR. That clunky and imperfect system would be preferable to what is happening in China. The commentator doesn't seem to grasp the profound difference between the two models, irrationally lumping them together. We have the somewhat of the same thing in the US with military contacting -- thank God that doesn't easily transfer into property bubbles in the everyday economy.

All the poor people living in Hong Kong could be living in these empty apartments. The government just don't give a damn.

There’s no cars and yet it’s still looks like air quality is bad.

@DecibelAlex

5 жыл бұрын

it's the coal power plants that really pollute in china

THIS IS ABOUT TOTAL CONTROL & KNOWING WHERE EVERY LAST PERSON IS & WHAT THEY R DOING. SO U CAN'T PLOT AGAINST THE EVIL DICTATORSHIP

This video is very old. What happened to the properties in this video?