Comments by "☨St Louis IX opposed paganism, hæresy \x26 debauchery" (@stlouisix3) on "Totally COLLAPSE! 3,500 New Ghost Cities Emerge in China: Trillions Wasted in Spectacular Missteps" video.

  1. 🏰 Jing Jin City, the largest Villa area in Asia, remains largely empty despite its ambitious plans and grand structures. 00:16 Despite significant investments, the occupancy rate of Jing Jin City has remained extremely low. Jing Jin City was planned to cover over 4,100 acres and accommodate a population of 500,000. The city includes residences, entertainment facilities, a commercial center, and a temple. 🏙 China is experiencing a rapid construction of new cities driven by high property prices, local government reliance on land finance, and lack of coordinated urban planning. 03:39 China has planned an average of 4.6 new cities for each provincial capital and about 1.5 new cities for each prefecture level city. The planned population for these new cities requires accommodating almost half of the global population. The overabundance of new cities is due to local governments competing in a race to build more cities and the lack of coordinated urban planning. 🏢 The city of Leoning in China has a high number of empty real estate properties, making it a ghost town. 07:04 Leoning has a high number of empty real estate properties. The properties were likely sold but many people haven't moved in. Leoning is the largest ghost town in Paning Leing with tens of thousands of housing units. ❌ High-Speed Rail new cities are no longer viable due to the changing economic climate. 10:37 Relying on High-Speed Rail stations to promote urban expansion is no longer viable. Some cities, like Singua City, are canceling their new Railway city projects. Constructing high-speed rail districts for a small population at a high cost is not practical. 🏙 Smaller cities in China are facing challenges with shrinking populations and debt burden due to ambitious expansion plans. 14:05 Population migration to larger cities is an inevitable trend of Social Development. Smaller cities should focus on introducing industries that sustain Urban Development and providing efficient public services. Financially strapped smaller cities borrowed heavily to construct new cities, resulting in a waste of land resources and little economic benefit.
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