China grapples with housing crisis as world watches on

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  • Опубликовано: 20 янв 2025

Комментарии • 777

  • @chinobandito7625
    @chinobandito7625 6 месяцев назад +481

    Biggest waste of resources in human history. Imagine all the fuel, concrete, wood and various resources used on these projects..

    • @finesoul677
      @finesoul677 6 месяцев назад +23

      Welcome to China

    • @vercopolis
      @vercopolis 6 месяцев назад +45

      Meanwhile Canadians have to pay a 'carbon' tax.

    • @akell2
      @akell2 6 месяцев назад +5

      @@vercopoliscanda's Carbon tax are jokes compared to Eu ones (in NL, in FR, etc.)

    • @joekev27
      @joekev27 6 месяцев назад +7

      And their all tofu dreg projects hahaha

    • @mohammedalrashed1132
      @mohammedalrashed1132 6 месяцев назад +2

      Still can be used

  • @NicholasBall130
    @NicholasBall130 6 месяцев назад +273

    I believe the retirement crisis will get even worse. Many struggle to save due to low wages, rising prices, and exorbitant rents. With homeownership becoming unattainable for middle-class Americans, they may not have a home to rely on for retirement either.

    • @LiaStrings
      @LiaStrings 6 месяцев назад +4

      Consider buying stocks when the economy is not doing well, like during a recession. It could be a chance to buy them at a lower price and sell later when prices go up. Just keep in mind, this isn't financial advice, but sometimes it's better than keeping a lot of cash.

    • @StocksWolf752
      @StocksWolf752 6 месяцев назад +3

      Accurate asset allocation is crucial. Some use hedging or defensive assets in their portfolio for market downturns. Seeking financial advice is vital. This approach has kept me financially secure for over five years, with a return on investment of nearly $1 million.

    • @cowell621
      @cowell621 6 месяцев назад +3

      How can I participate in this? I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

    • @StocksWolf752
      @StocksWolf752 5 месяцев назад +1

      Sonya lee Mitchell is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.

  • @sibhuskyguy
    @sibhuskyguy 6 месяцев назад +305

    Rule number one. NEVER buy an apartment or home that isn't completed and able to be inspected.

    • @BaDazai
      @BaDazai 6 месяцев назад +24

      Unfortunately in China, their policies force people to only be able to buy homes this way, otherwise it's extremely expensive and unattainable to buy an already done house. In my country, I bought land and building my house using contractors of my own choice. In China, that's Impossible.

    • @dieglhix
      @dieglhix 6 месяцев назад

      @@BaDazai I believe the Chinese cannot buy homes in technical terms, they just pay a permit to live there for a couple of decades

    • @TonyTinker-hc3zq
      @TonyTinker-hc3zq 6 месяцев назад +4

      That's not necessarily true. Most of my wives relatives in China bought houses already built. They bought them because they were near a good elementary school for their ​kids. Her family members got good discounts because the building was made in 1997 and is older@@BaDazai

    • @cowbungamode
      @cowbungamode 6 месяцев назад +1

      Except in Singapore 😊

    • @cyrlangaming
      @cyrlangaming 6 месяцев назад

      Not 100% true, China is a communist government that is why. CCP can get any of their citizen's property if they wanted to, at first they really invested in real-estate but now, CCP doesn't care anymore about real-estate, they are more focus on advancing their military capabilities.

  • @shmookins
    @shmookins 6 месяцев назад +196

    Getting into problems with the police for just complaining about being screwed over?
    Sheesh...

    • @FullSpectrumWarrior
      @FullSpectrumWarrior 6 месяцев назад

      Yup

    • @Greengoblin0481
      @Greengoblin0481 6 месяцев назад +30

      SOCIAL CREDIT SCORE -150

    • @westhypocrisy
      @westhypocrisy 6 месяцев назад

      absolute rubbish! there is no shortage of public complaints on local social media and they have not been censored. Sky News is fake news !

    • @Ky_Mma
      @Ky_Mma 6 месяцев назад +11

      Tryna bring that bs worldwide.

    • @Scientist1991
      @Scientist1991 6 месяцев назад

      the real face of communism

  • @BrokeCryptoBro
    @BrokeCryptoBro 6 месяцев назад +28

    80 Million empty homes with 1.4 Billion people....
    Something isn't adding up here.🤔

    • @weirdo1060
      @weirdo1060 6 месяцев назад

      Not all Chinese are rich. Chinese homes require mortgage payment during construction. China's real estate is a Ponzi scheme where new money is used to either fix existing problems or market new projects instead.

    • @JamesMcKenzie505
      @JamesMcKenzie505 6 месяцев назад +8

      People forget that Much of China is still poor. GDP per capita lags well behind western nations. The demand and affordability for millions of Chinese simply still isn’t there yet. They built too much too fast.

    • @Q_QQ_Q
      @Q_QQ_Q 5 месяцев назад +8

      ​@@JamesMcKenzie505china ain't poor but it's just that 400 million people live in villages but they've their own land and are self dependent.

    • @Gattberserk
      @Gattberserk 5 месяцев назад +3

      the entire country could have 800 million homes with 10% being empty. Did that explain it better? lol.

    • @daledale7564
      @daledale7564 5 месяцев назад +1

      80 million of anything is mind blowing ,& it says alot about people, with all that availability China can end world homelessness over night ...literally

  • @nathanyahoo-x5n
    @nathanyahoo-x5n 6 месяцев назад +383

    Meanwhile, America is grappling with homelessness by the tens of thousands. Europe has a migrant crisis while China is being plagued with excess in housing.

    • @in-x-orable2769
      @in-x-orable2769 6 месяцев назад +22

      Perks of democracy, innit?

    • @RopekingRopethemall
      @RopekingRopethemall 6 месяцев назад

      Also it's not migrants it's colonists there going back on vacation to the country they fled from wake up mo ron

    • @sirgo0se97
      @sirgo0se97 6 месяцев назад +50

      @@in-x-orable2769I don’t think democracy is to blame, and China ain’t one anyway

    • @502opz346
      @502opz346 6 месяцев назад +37

      Those houses collapsing apart, they have build with cheapest materials... It is unsafe to live in those houses(not all, but majority of them) ! So ur comment here is irrelevant ! Except for migrant crisis in EU !

    • @BruceJ999
      @BruceJ999 6 месяцев назад +1

      @@502opz346 Stop taking drugs,their houses are better than US made paper houses..They use cement to build those houses not Wood which is blown by the wind.

  • @huanghermann5207
    @huanghermann5207 6 месяцев назад +51

    Changchun is in the North which used to be the base of heavy industries but has never taken off after the opening up as the Southern provinces. Therefore, real estate projects there have not been not sold well and are hit the hardest when real estate crisis came last year.

    • @ssuwandi3240
      @ssuwandi3240 5 месяцев назад

      This city is packed by auto manufacturers but I guess mansions like this are built for a limited niche.

  • @OfficalLionofjudah
    @OfficalLionofjudah 5 месяцев назад +14

    I would rather have a oversupply issue rather then a low supply issue. At least no one is sleeping in cars and on the streets like they are in Australia.

    • @anonymousnoticer
      @anonymousnoticer 5 месяцев назад +2

      They are

    • @latymz
      @latymz 5 месяцев назад +1

      Utter nonsense. The home is still useless.

  • @AngeloXification
    @AngeloXification 6 месяцев назад +31

    Mansions along dirt roads says a lot

    • @jrobbin24
      @jrobbin24 5 месяцев назад +5

      That country is a dump

  • @glentanner4770
    @glentanner4770 6 месяцев назад +64

    Followed by police all day? Wow, that's just strange.

    • @arthursmith6854
      @arthursmith6854 6 месяцев назад +24

      Not strange in China.

    • @Ulysses.S.Grant.For.The.Union.
      @Ulysses.S.Grant.For.The.Union. 6 месяцев назад +8

      Having the Olympics in China was strange. They had to break the law with VPN to use standard internet. Some were locked up for accessing the WWW.

    • @rawword
      @rawword 6 месяцев назад

      ​@@Ulysses.S.Grant.For.The.Union.lmao

    • @Infernal_Elf
      @Infernal_Elf 6 месяцев назад +8

      tottaly normal in a communist ditatorship. only thing that matters is staying in power.

    • @cgray8267
      @cgray8267 6 месяцев назад +2

      Imagine police enforcing masking rules and checking people are in their homes 🤷🏻‍♂️🤔….

  • @Foxfried
    @Foxfried 6 месяцев назад +10

    Why do they look like towering prisons?

    • @DreamEater-cb2cl
      @DreamEater-cb2cl 6 месяцев назад +1

      From an American prospective

    • @taryntaryn9090
      @taryntaryn9090 5 месяцев назад +1

      @@DreamEater-cb2cl From every perspective

  • @chrysalis4126
    @chrysalis4126 6 месяцев назад +126

    So which is worse? Thousands of empty properties or thousands of people without homes like in the UK?

    • @MA-jz4yc
      @MA-jz4yc 6 месяцев назад +18

      @@SIR_RR At least the houses are physically there and people can live in them.

    • @sometingwongwai9679
      @sometingwongwai9679 6 месяцев назад +3

      @@SIR_RR 34 trillion in debt @1T per 100 days of intersect repayments better?

    • @WelshGuitarDude
      @WelshGuitarDude 6 месяцев назад

      @@MA-jz4yc They are not liveable and no one is living in them. They don't even have power and are unsafe to live in. And most people lost their deposits / savings. Thats a lot worse than having the opposite problem that the west has, a shortage of housing. Either way both populations don't have a home, only those in China lost their savings aswell.

    • @creeriver8234
      @creeriver8234 6 месяцев назад +6

      @@MA-jz4yc they would starve.. theres no food.. no water.. no jobs in the area for miles and miles

    • @jeffreysetapak
      @jeffreysetapak 6 месяцев назад +1

      ​@@SIR_RRChina has solved it's housing crisis. It's the western media that sensationalized and smeared the issue out of proportions. Just like a lot of westerners visited China recently and discovered that the China they visited is totally different from how the,western medias reported. Liars, liars pants on fire.

  • @JC-dt7rn
    @JC-dt7rn 6 месяцев назад +32

    Too much housing is a problem …. Not enough housing is a problem. What’s the common denominator ?

    • @thedownunderverse
      @thedownunderverse 6 месяцев назад +25

      Government.

    • @mrcable1996
      @mrcable1996 6 месяцев назад +2

      People are the problem bro, the world has a population problem​@@thedownunderverse

    • @mr.doctorcaptain1124
      @mr.doctorcaptain1124 6 месяцев назад

      @@mrcable1996 that’s idiotic.
      Overpopulation is an absolute lie. Just look at this city. There’s countless apartments, the city simply refuses to finish construction.
      Yeah if everyone was dead we wouldn’t have to worry about anyone would we? But the idea that the populace is too large for the world to handle is idiotic.

    • @beefchuck
      @beefchuck 6 месяцев назад +6

      Greed

    • @zweed69
      @zweed69 6 месяцев назад +1

      here, its communism

  • @JuliusFawcett
    @JuliusFawcett 6 месяцев назад +261

    80 million empty homes, invite people from abroad to come live

    • @shinji1264
      @shinji1264 6 месяцев назад +67

      And destroy their culture? No westerners are rude.

    • @userxyz64
      @userxyz64 6 месяцев назад +34

      Who suggested inviting westerners?

    • @johnharrison3671
      @johnharrison3671 6 месяцев назад +79

      No one did, shinji just wanted to make clear they are racist.

    • @jimmyendacott8663
      @jimmyendacott8663 6 месяцев назад +15

      @@csmain 80 million would be 4-5% of their population.

    • @shardovl586
      @shardovl586 6 месяцев назад +17

      @@shinji1264 They are massively xenophobic

  • @Eric-bh7jy
    @Eric-bh7jy 6 месяцев назад +1

    it's mind blowing how much was built and not finished.

  • @Truthspeakerrrrr
    @Truthspeakerrrrr 5 месяцев назад +3

    Come to Chicago we got abandoned houses everywhere

  • @Afghanistanseconomicforum
    @Afghanistanseconomicforum 6 месяцев назад +18

    Having excess of something is way better that sleeping on the skid row

    • @jimpeterson6730
      @jimpeterson6730 6 месяцев назад +2

      Nonsensical comment. Who will absorb the loss?

    • @vintagejaki751
      @vintagejaki751 6 месяцев назад

      ​@@jimpeterson6730Get on the sarcasm express 🚝

    • @Afghanistanseconomicforum
      @Afghanistanseconomicforum 6 месяцев назад +2

      @@jimpeterson6730 The government: citizens will bailout the banks

    • @LifelongLearnerForever
      @LifelongLearnerForever 6 месяцев назад +1

      @@jimpeterson6730a government that actually cares about the people, that’s difference between socialism and democracy.

    • @drewigloo
      @drewigloo 6 месяцев назад

      @@LifelongLearnerForeveryou cannot be talking about CCP socialism.

  • @mugglescakesniffer3943
    @mugglescakesniffer3943 6 месяцев назад +8

    How do they have homeless when they have cities with no one in them?

    • @weirdo1060
      @weirdo1060 6 месяцев назад +7

      Those new Chinese cities are not livable. Along with homes not being completed, there are few jobs and economic opportunities. People don't want to move if they cannot find paid work and support system.

    • @xa-12musk8
      @xa-12musk8 5 месяцев назад +3

      This is tiring ignorance to behold. There are many ghost towns all over the world and homeless people can't just move in and live there. This is the case all over the world-Italy,Ireland,Spain. It is totally nonsensical.

  • @jules263
    @jules263 6 месяцев назад +13

    Country Garden says hold my beer 🍺

    • @JonySmith-bb4gx
      @JonySmith-bb4gx 6 месяцев назад

      @@jules263 homeless in USA 😂

    • @Lq32332
      @Lq32332 6 месяцев назад +3

      @@JonySmith-bb4gxBecause homelessness and drug addicts only exist in America 🤦‍♂️

    • @jobturkey7418
      @jobturkey7418 4 месяца назад

      As long as I get mines

  • @AussieBodybuilder
    @AussieBodybuilder 6 месяцев назад +8

    0:23 look's like a swamp😂

  • @yzzxxvv
    @yzzxxvv 5 месяцев назад +1

    As a honeless person, I can feel the pain

  • @ARYOUNGvideo
    @ARYOUNGvideo 6 месяцев назад +13

    Looks so polluted - probably why no one wants to live there. yuck!

  • @planetman1775
    @planetman1775 6 месяцев назад +24

    0:48 the fact sky news calls it a “Propery Crisis” just ended me!

    • @martinogold
      @martinogold 6 месяцев назад +3

      Why?

    • @boiscooka232
      @boiscooka232 6 месяцев назад

      ​@@martinogold crisis = Abondon

    • @planetman1775
      @planetman1775 6 месяцев назад +4

      @@martinogold do I really have to answer that :/ :D

    • @mochalo4912
      @mochalo4912 6 месяцев назад +8

      it s a crisis ; people are getting houses that will never be finished and those people are still paying the full debt .. it s actually outrageous that company built too much houses more than the demand and now they can't even provide a finished product

    • @xx133
      @xx133 6 месяцев назад

      @@boiscooka232 no, housing surplus. These homes were never lived in. China builds and plans cities mindfully in advance.

  • @lexi6736
    @lexi6736 6 месяцев назад +3

    So sad

  • @JoeWedgwood-ik9zo
    @JoeWedgwood-ik9zo 6 месяцев назад +28

    And the uk can barely build a 100th of the houses we need every year…. The financial and economic systems are definitely failing somewhere

    • @jrochest4642
      @jrochest4642 6 месяцев назад +7

      None of these are livable, though. They are not built to be lived in.

    • @54356776
      @54356776 5 месяцев назад

      Less people is needed not more housing.

  • @iFukuyama
    @iFukuyama 6 месяцев назад +1

    Yeah I wonder why people chose not to move into unfinished houses. Is that normal in Australia, Sky?

  • @Jones7095
    @Jones7095 6 месяцев назад +15

    NIMBY is a term that ain’t in the Chinese dictionary 😂

    • @JonySmith-bb4gx
      @JonySmith-bb4gx 6 месяцев назад +1

      That's bcz Chinese speak Mandarin .

    • @starventure
      @starventure 6 месяцев назад +1

      No such thing as undesirable neighbors in a nation where everyone looks and acts alike.

    • @ZoraDelaney
      @ZoraDelaney 6 месяцев назад

      ​@@starventureYou incorrectly assume that there are no intra-group differences among the Chinese people. I e , different personalities, motivations, values etc

  • @Martin-qm2lg
    @Martin-qm2lg 6 месяцев назад +23

    It's also going to have a demographic collapse, so there will be less demand for a huge supply. The Chinese who invested in Canada however are very happy and rich! No wonder there is an increasing escape from China from those who can.

    • @JonySmith-bb4gx
      @JonySmith-bb4gx 6 месяцев назад +1

      That's UK finland Korea Japan

    • @MbisonBalrog
      @MbisonBalrog 6 месяцев назад

      So never be homeless cuz plenty supply.

    • @williamMaezawa
      @williamMaezawa 6 месяцев назад

      All of them are rich??? I see so many poor Chinese from China in America and they live in these run down apartments in the inner cities!

    • @JonySmith-bb4gx
      @JonySmith-bb4gx 6 месяцев назад +2

      @@williamMaezawa I see Americans in homeless shelters . And I am American myself

  • @lastChang
    @lastChang 6 месяцев назад +24

    China has a *faulty economic model,* which causes frictions with other countries. Experts have warned China for years that the model is not sustainable.

    • @TurinTuramber
      @TurinTuramber 6 месяцев назад +6

      No model that depends on growth is ever sustainable. That's just basic logic.

    • @AhmetTekin101
      @AhmetTekin101 6 месяцев назад +3

      ​@@TurinTuramberTaiwan is doing well. So is the US.

    • @TurinTuramber
      @TurinTuramber 6 месяцев назад +9

      @@AhmetTekin101 Indeed but that isn't what sustainable means.
      Also remember the US is $35,000,000,000,000 in debt (124%) and rising. This is the opposite of sustainable.

    • @Muirton66
      @Muirton66 6 месяцев назад +4

      I find it hilarious when people quote 'experts' in their comments, they think it gives their comment a seal of approval.

    • @piccalillipit9211
      @piccalillipit9211 6 месяцев назад +2

      @@TurinTuramber This is why China is moving towards a steady state model

  • @xDevoneyx
    @xDevoneyx 6 месяцев назад

    In the Netherlands there is a shortage of houses that young people. starters, can afford. Can't imagine that the Netherlands would let such house park go unfinished.

  • @lovenottheworld5723
    @lovenottheworld5723 6 месяцев назад +29

    They're homeless in their own home.

  • @PatHand-og9yd
    @PatHand-og9yd 6 месяцев назад +1

    Governments all over the world can still be counted on to waste lots and lots of taxpayer money.

  • @francisty139
    @francisty139 6 месяцев назад +2

    Who was the idiot who authorized constructing buildings without making sure that those buildings will get finished and the money will return to the government in form of taxes?

    • @xa-12musk8
      @xa-12musk8 5 месяцев назад

      Boom bust cycles are the norm for now and have been for the past 100 years,tragically. Wall Street Crash is just after beginning in China with collapse of Evergrande,probably for similar reasons humorously.

  •  6 месяцев назад +13

    I'm living in a house that's nearly 200 yrs old. I don't think they'll make 20.

  • @bakerstreet101
    @bakerstreet101 5 месяцев назад

    Wow, property bubble coupled with 80 million empty homes.

  • @user-TommyD35
    @user-TommyD35 6 месяцев назад +2

    We are dealing with our own houseing crisis in many countrys

  • @Free12609
    @Free12609 6 месяцев назад +35

    So if China has built houses and they are empty,in the UK and the EU including the US, people are sleeping rough on the streets, so nothing to preach about.

    • @jeffreysetapak
      @jeffreysetapak 6 месяцев назад

      China has solved it's housing crisis. It's the western media that sensationalized and smeared the issue out of proportions. Just like a lot of westerners visited China recently and discovered that the China they visited is totally different from how the,western medias reported. Liars, liars pants on fire.

    • @weirdo1060
      @weirdo1060 6 месяцев назад

      Chinese homes were not completed. They are simply unfinished construction that are not livable in western standards due to safety issues.

    • @gund89123
      @gund89123 6 месяцев назад

      What % of people are homeless in US, EU, UK, China ?
      Let’s talk data/Numbers

  • @SuyashGupta-y7i
    @SuyashGupta-y7i 6 месяцев назад +4

    China is suffering from residentlessness!😂

  • @bayernvoeller
    @bayernvoeller 6 месяцев назад +2

    Black Rock , SoftBank , Vanguard , Wall Street - must be crying about their money ha ha

  • @Red_AIert
    @Red_AIert 6 месяцев назад +2

    China has several empty cities. I saw something similar to this years ago..

  • @tanjamanglory
    @tanjamanglory 6 месяцев назад +1

    And the world watches on? what a silly title. Man journalism nowadays is weird.

  • @clinthufkie3242
    @clinthufkie3242 5 месяцев назад

    Who woulda thought that housing as an investment vehicle would cause worldwide homelessness?

  • @ArabicReja973
    @ArabicReja973 6 месяцев назад +23

    Chinese 🇨🇳 property sector, which accounts for 30% of GDP, is crashing.
    - Exports and imports, accounting for 37% GDP, are down.
    - Foreign investment (FDI) is falling over 90%, lowest in 3 decades.
    - Foreign visitors are down 96% compared to the pre-pandemic level in 2019.
    - Consumer prices are experiencing deflation.
    - Youth unemployment hits over 21%, a record.
    - Its fast-shrinking workforce is 10 years older than neighboring countries.
    *Still, China keeps reporting outrageous GDP numbers.* Lol
    Where does the growth come from?

    • @piccalillipit9211
      @piccalillipit9211 6 месяцев назад +6

      OK CIA BOT

    • @BruceJ999
      @BruceJ999 6 месяцев назад +5

      The property sector accounts for 22% of their GDP,stop lying bot.

    • @realityosei3689
      @realityosei3689 6 месяцев назад +7

      where are your numbers coming from lol

    • @BosworthMcG
      @BosworthMcG 6 месяцев назад

      @@ArabicReja973 I had toast for breakfast

    • @Charfir3
      @Charfir3 6 месяцев назад

      Source: just trust me bro

  • @LaydeeLyrix
    @LaydeeLyrix 6 месяцев назад +3

    Why so many unfinished then.

    • @weirdo1060
      @weirdo1060 6 месяцев назад +1

      Ponzi scheme. Some of the money for new construction went towards promoting additional projects instead of completing ongoing ones.

  • @XCAVVVx
    @XCAVVVx 5 месяцев назад

    Prebuilt sales offer the potential for amazing profit returns.
    No one ever seems to focus on the risk.

  • @PolarBearXx
    @PolarBearXx 5 месяцев назад

    The quality must be bad

  • @SharapovaFan
    @SharapovaFan 6 месяцев назад

    80 million homes. Not homes for 80 million people.
    80 million homes is crazy. Assuming 4 people per home on average, that's bigger than a vast majority of countries' population.

  • @antnauman
    @antnauman 5 месяцев назад

    Can't understand the concept of an empty housing. If it's cheap, someone should get it. People around the world are dying to get a few square meters of place and here we have abandoned buildings just because of little things?

    • @dao.y4460
      @dao.y4460 12 дней назад

      这些房子都是卖出去的,开发商收了钱房子没盖完跑路了

  • @thepain321
    @thepain321 6 месяцев назад +4

    Some of us would rather those buildings crumble than be forced to live in them.

  • @ShanaChippy
    @ShanaChippy 6 месяцев назад +1

    Goes to show where their interests are. It's not with the people or their well-fare.

  • @johnd.5601
    @johnd.5601 6 месяцев назад +3

    America did the same thing to me. Just a lot of working hard investments in myself and the market. Training others in my trade. Everything was taken from me with various policies. America never allowed us a somewhat steady work environment. I have never worked a full year in my life. I'm 48 years old! I was a master tradesman! Now I'm unable to work because of a dangerous work environment! Insurance companies treat me like garbage! I'm disabled now! America sucks too! It's probably not any different than China. The only difference is the culture. The government is just as bad they just use different ways to achieve the same goal! Hopelessness!

  • @Tom-cz9op
    @Tom-cz9op 6 месяцев назад +2

    With all major countries loosing population, why is there a housing crisis?

    • @xa-12musk8
      @xa-12musk8 5 месяцев назад

      Difficulty in allocating resources. Just like the tenants of the Industrial Revolution,modern tertiary economies are giving the raw end of the stick to the middle and lower class.

  • @kc10man
    @kc10man 6 месяцев назад

    80M flats? more like 500M. More homes than people in the worlds second most populous country

  • @tedmoser3657
    @tedmoser3657 5 месяцев назад

    As if they don't treat their people bad enough, they're ruining them financially too.

  • @hippiehillape
    @hippiehillape 6 месяцев назад +1

    The land hasn't gone anywhere.
    Nothing else is real.

  • @matthewwilliams3827
    @matthewwilliams3827 6 месяцев назад +1

    Every time i watch the news I’m like, yeah, the worlds just lost it.

    • @jettser17UK
      @jettser17UK 6 месяцев назад

      Especially the ICJ court latest ruling! Utterly ridiculous! 😏

    • @JonySmith-bb4gx
      @JonySmith-bb4gx 6 месяцев назад

      @@jettser17UK awww jealous u are that your sugar daddy is called out

    • @JonySmith-bb4gx
      @JonySmith-bb4gx 6 месяцев назад

      @@matthewwilliams3827 china has housing
      UK forgot

  • @wanghaokai1959
    @wanghaokai1959 5 месяцев назад

    On the other hand, some cities / countries can't even solve homelessness. Look at the disparity in capabilities.

  • @jungletunes3923
    @jungletunes3923 6 месяцев назад +15

    And British economy is doing well that is why they keep changing their prime minister like a clothes

    • @7415_Gamer
      @7415_Gamer 6 месяцев назад +1

      lol

    • @stevenicol1
      @stevenicol1 6 месяцев назад +2

      How's your cardboard condo?

    • @jacob2808
      @jacob2808 6 месяцев назад

      It is, actually

  • @MaxMotoYYC
    @MaxMotoYYC 6 месяцев назад +1

    Not sure what their problem is, isn’t that their superior made in china building quality?

  • @simonassouline1230
    @simonassouline1230 6 месяцев назад

    The Monk’s comment, was the best!

  • @BrianLarin
    @BrianLarin 5 месяцев назад

    No they can't. No planning

  • @lokesh303101
    @lokesh303101 6 месяцев назад

    Yes!

  • @IMF____________0-i1d
    @IMF____________0-i1d 6 месяцев назад +1

    _Daniel Hingst_

  • @mcfly7
    @mcfly7 6 месяцев назад +1

    This looks like a place for sheep's. So 80 million empty homes. This can't be real...

  • @eddiediesel9035
    @eddiediesel9035 5 месяцев назад

    What a great country to live in. I wouldn't even go there for a holiday.

  • @David-k2c9j
    @David-k2c9j 5 месяцев назад +1

    Because they stole the money

  • @Scott_396
    @Scott_396 6 месяцев назад +1

    Just make everything the same

  • @Afritunez
    @Afritunez 6 месяцев назад +2

    No squatters?

  • @andybrown6981
    @andybrown6981 6 месяцев назад +3

    I imagine all the economic change happened too fast and authorities were too uneducated and unprepared for it

  • @bestofsatish
    @bestofsatish 3 месяца назад

    Govt cannot do social housing either. Most people already have a home. 90% of households have a home. And they have 200 mn empty flats. 10% households means only 30mn homes. what will china do with 150mn empty homes?

  • @TheGeorgeous
    @TheGeorgeous 6 месяцев назад +24

    90% of China own their own home.
    While only 50% of UK do.
    China is far ahead.

    • @TheLuckyShot101
      @TheLuckyShot101 6 месяцев назад +3

      No demand then….

    • @ssuwandi3240
      @ssuwandi3240 6 месяцев назад

      @@TheGeorgeous service based economy wouldn't need massive home inventory. The problem is acute longevity. The aging folks that hold longer instead of downsizing.

    • @JonySmith-bb4gx
      @JonySmith-bb4gx 6 месяцев назад

      ​@@TheLuckyShot101 homeless is in demand in UK ?

    • @dvsteady
      @dvsteady 6 месяцев назад

      The 90% “home ownership” rate in China is very misleading and can’t be compared to non-socialist countries. Read up about it.

    • @TheLuckyShot101
      @TheLuckyShot101 6 месяцев назад

      If 90% own a home already then there is little demand for all these new developments….

  • @AinzWoolGown
    @AinzWoolGown 6 месяцев назад

    Who planned the layout of those mansions?
    His urban design degree Should be revoked

  • @SDBOGLE
    @SDBOGLE 5 месяцев назад

    Can Britain solve its homelessness problem ? Million are homeless, million
    going hungry.

  • @ganoking1
    @ganoking1 5 месяцев назад

    Here in Canada we are bombarded with a ridiculous carbon tax!! Look at the waste of resources. Bs

  • @googleaccount-zf7yd
    @googleaccount-zf7yd 5 месяцев назад +1

    Looks like a prison city

  • @jackjanpour8532
    @jackjanpour8532 6 месяцев назад +2

    Let's pretend we don't have housing crisis.

    • @deez1976
      @deez1976 2 месяца назад

      Ok china cheerleader. But we don't have 80 million built homes and apartments just sitting around crumbling.

    • @jackjanpour8532
      @jackjanpour8532 2 месяца назад

      @@deez1976 What is worse? A-having 80M empty homes. B-5M homeless or paying $2.5k for one bedroom.

    • @jackjanpour8532
      @jackjanpour8532 2 месяца назад

      @@deez1976 What was 1980s and 2008 recession about?

  • @jeremypearson6852
    @jeremypearson6852 6 месяцев назад +3

    This is not going to end well.

  • @grizzlegreezz9696
    @grizzlegreezz9696 6 месяцев назад

    This is the problem i wish i had in my country

  • @aaaaaaaaaa97
    @aaaaaaaaaa97 6 месяцев назад +1

    chinese corruption just gets worse and worse.

  • @jamietung8233
    @jamietung8233 5 месяцев назад

    Here is what to do. Create a vocational school to train handyman technicians. Employ teachers to teach the unemployed new graduates. Then have them go over there and fix those buildings, so that they can be lived in.

  • @davidbrooks8809
    @davidbrooks8809 5 месяцев назад +1

    I thought the USA had housing problems😢😮😊

    • @CygnusAtratusNunciusMno
      @CygnusAtratusNunciusMno 5 месяцев назад

      Nos usa e europa o problema são os bilhões do contribuinte enviados para a Ucrânia com PIB abaixo dos bilhões que recebeu e que jamais pagará de volta. Aí falta moradias, empregos e sobra muita fome, moradores de rua e todo tipo de miséria. Mas botam a culpa nos imigrantes igual Hitler fazia.

  • @Yolende-ls3dj
    @Yolende-ls3dj 6 месяцев назад +1

    At least people are happy dancing and enjoying life 🎉🎉

  • @chrisbuxton7790
    @chrisbuxton7790 6 месяцев назад +2

    Plenty of iligal immigrants in Europe that would make use of them. The UK doesn't quite have 80 million apartments/ homes spare but China does so makes sense

    • @arthursmith6854
      @arthursmith6854 6 месяцев назад

      Most of these 80 million unfinished apartments/homes in China are mere shells of buildings, Not only do they have no electricity and water, the building shells themselves are crumbling due to faulty construction standards. China has already demolished some of these projects because they are essentially worthless.

  • @TheRachag
    @TheRachag 4 месяца назад

    They should sell those homes for $1 like Italy

  • @yeyosilver7067
    @yeyosilver7067 2 месяца назад

    No, they cant

  • @skilifavas4016
    @skilifavas4016 6 месяцев назад

    So many other countries with this problem, don't stigmatize

  • @rgen28
    @rgen28 6 месяцев назад

    No they cannot.

  • @sdngy
    @sdngy 5 месяцев назад

    it's a forever asset liability that will go for most part to waste and will be written off in the upcoming decades... but these landmarks empty towns will stay as a reminder of a stark greedy past...That's what happen in many countries that did suffer the same ordeals and housing crisis.

  • @sutats
    @sutats 6 месяцев назад +8

    Reminded me of the Turkish Disney style homes.

  • @blaccitachi3275
    @blaccitachi3275 6 месяцев назад

    looks sad af

  • @CygnusAtratusNunciusMno
    @CygnusAtratusNunciusMno 5 месяцев назад +1

    É só doar e pronto!

  • @Jeevanm71
    @Jeevanm71 6 месяцев назад +12

    Why aren’t they opening up immigration?

    • @TheGoldenDonuttt
      @TheGoldenDonuttt 6 месяцев назад

      So they dont face the problems the West is facing?

    • @starventure
      @starventure 6 месяцев назад +2

      Too smart to fall for that scam.

    • @InvisibleHotdog
      @InvisibleHotdog 6 месяцев назад +4

      They already have 1.4 billion people

    • @theonlycaulfield
      @theonlycaulfield 6 месяцев назад +2

      Many of these properties do not have functioning utilities.

    • @weirdo1060
      @weirdo1060 6 месяцев назад +1

      China already has its own immigration problem. Some North Koreans and Vietnamese illegally move to cities due to poverty from their own countries.

  • @xpeng121
    @xpeng121 6 месяцев назад

    1:32 That is not a police car....

    • @SilentWalker-if4nc
      @SilentWalker-if4nc 6 месяцев назад

      Use your brain

    • @xpeng121
      @xpeng121 6 месяцев назад

      @@SilentWalker-if4nc Well, I can also just film some random car for only single shot and say it is FBI or CIA....

  • @Unruly6ixx
    @Unruly6ixx 5 месяцев назад

    So was the contractor given a loan to build all these and the didn’t sell well so they couldn’t finish it or did they just run out of money ?

  • @Liquid_Cooled
    @Liquid_Cooled 6 месяцев назад +5

    Stand up against the CCP.

  • @spencermatthews5942
    @spencermatthews5942 6 месяцев назад +1

    Good, they deserve this!!!!

  • @incredible8310
    @incredible8310 6 месяцев назад

    The uk should give them all the hardworking people arriving in dingys to finish building and live over there

  • @TA-kr1di
    @TA-kr1di 6 месяцев назад

    They are screwed.

  • @dao.y4460
    @dao.y4460 12 дней назад

    Having a crisis(revolution) is a good thing for people like me cant afford a house and spend like half my salary on rental

  • @kappaslapper14
    @kappaslapper14 6 месяцев назад +7

    If only China and the Uk had a baby , everyone would have a place they could call home .

    • @JonySmith-bb4gx
      @JonySmith-bb4gx 6 месяцев назад

      Nope . I'm china there are no homeless

    • @lawrence1135
      @lawrence1135 6 месяцев назад +1

      China and the UK have a baby: United States of America