this post was submitted on 11 Oct 2025
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[–] Jankatarch@lemmy.world -3 points 1 week ago (3 children)

Idk if ghost city thing was a bubble tho.

China used planned infrastructure and bunch of confused journalists in US were like "what kind of government plans for housing of their citizens"

[–] KeenFlame@feddit.nu 6 points 1 week ago

It was a textbook bubble. They made and gambled on theoretical apartments where nobody involved had any intention of living there or any responsibility or connection to the underlying structure, to the point where building cardboard skyskrapers became a business.. the is no point in denying it. Capital housing investment is a plague on humanity.

[–] pycorax@sh.itjust.works 1 points 1 week ago

I mean even if it was planned the amount of excess given falling birthrates, doesn't check out either.

[–] drmoose@lemmy.world 0 points 1 week ago (1 children)

Ah yes "the stoopit west har har" propaganda lol

[–] Jankatarch@lemmy.world 0 points 1 week ago

I was mostly going for "modern journalism is is sad and biased towards clickbait" ngl. Especially now they have AI edited articles.