China’s Empty Cities and Housing Bubble

I saw this in a linkedin group I belong to. It is an interesting story from the Daily Mail with some OK pictures on empty cities in China. Also doom and gloom about the housing bubble in China. In brief the story suggest that housing is over valued by 50-70 percent and a crash will leave China like Japan in the 90s. I can not vouch for any numbers or predictions. But there are indeed many empty developments which at the very lest shows the flip side of too much command and contral in city planning. The US has tremendous regulations and government influence on cities but this is mostly local and state. Government actions often is controlled by NIMBY’s and developers rather than planned.

About Matthew Mulbrandon

I really like maps, as I am a geographer, and with the help of my more artistic partner I make cool maps. My focus in work and education has been centred on urban problems particularly housing and transportation. I have built and am working on several agent-based housing models. I am also interested in developing innovative ways to combat urban congestion using buses and electric kick scooters. Also it has led me to more theoretical pursuits such as how we determine if a model or methodology is sound (epistemology). How individuals relate to their social and built environment and their resulting interactions (social theory). Cities and really all our institutions are made of people with all their issues, virtues, and dreams and cannot be discounted when examining policy or predicting behaviours.

There is one comment

  1. Amado

    Hello! I’m at work browsing your blog from my new iphone! Just wanted to say I love reading through your blog and look forward to all your posts! Keep up the excellent work!

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