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phucked up prc

Byebye Penis

Alfrescian
Loyal

Uneven path to finish Evergrande's abandoned housing in Chinese city​

https://www.reuters.com/business/un...es-abandoned-housing-chinese-city-2024-02-02/

Investment bank Nomura estimated in November there were around 20 million units of unfinished homes across China, left by Evergrande and other failed developers. The total funding gap for completing those projects stood at around $446 billion, the report estimated. Gavekal Dragonomics, a China-focused research firm, estimated that as of last year, Evergrande had received payments in advance from homebuyers equivalent to about 600,000 housing units.
 

k1976

Alfrescian
Loyal
is there a common sticky thread on how fucked up the prc is?
if no, i’ll start the first post here.

15 unfinished apartment buildings in kunming were demolished as they stood incomplete for over 6.9 years after developer went belly up. they became such an eyesore that the ccp regime tak boleh tahan (them taking land away and not offering housing solutions to any around the area as majority are shit poor in a rural region). how fucked up can this be? see the entire ghost city around the demolition? more demolition yet to cum. lol!
Tiongkok HDB BTO coming

Please get ready for Huat Big Big again
 
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