Gravitas | China's doomed property sector

China is demolishing apartments and pausing construction of buildings that can house as many as 75 million people.

#China #Buildings #Gravitas

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[stoundingresults]

All the water used for the concrete, fuel resources used for the manufacture of steel. 😔

[ehismichael]

I can't believe the most populous country in the world has surplus homes even up to 50 million. This is mind blowing.

[BoatRocker]

50 million empty houses 😮 what were they thinking while constructing so many

[atqaq]

The poor stay poor & the rich stay rich. If they share their money to the poors there would be great blessings. Nothing would go waste!
Big brain! But no humble heart!

[SoldierofGodAki]

Because of some few people millions of people have to suffer

[hughmarshall]

China 🇨🇳 🇲🇴 🇭🇰 🇨🇳 should have put their energy and resources into completing these projects, instead of demolishing after all it's going to cost about the same amount 🙄

[Life_isstrange]

For a moment I thought that thanos is back 😂

[ecopsych]

How much can they get for scrap steel and cement?

[urldroidsuperbot]

China's substandard demolition equipment and skills. Controlled demolition should bring down vertically in a contrlled manner, not have buildings topple over each other and not crumbling but falling to pieces.

[woofbark]

Should have at least added a Godzilla to that scene.

[phetsavangvethsouvanh]

Why didn't the CCP military used that as a target practice...????

[shriprakash]

The way she said they look at her she looks 🔥

[marthareddy]

Most of the fraudulent house developers in Noida declared insolvency

[aaloh]

That could probably fill half of the homelessness in US.. What a shame!!

[aktharislam]

Indian buildings next, building homes for the rich but rich never pay they get things for free.

[Titanicus]

Bye bye economy. Developers exploiting the local culture of property ownership as investment. Makes Fannie Mae and Freddie Mac look like a small blip.

[johnstrange]

Waste on top of waste the Chinese people should rage against this corruption and waste.

[jayeshupreti]

Every building just converted into a waste😔

[oudekelt]

als iets mis/management is ..
is het dit = de economische verdoemenis ..

[djgenius]

Really? They have the man power to build and destroy those buildings like that, , wow