Ordos in Mongolia, ghost-town for a million people

This topic contains 1 reply, has 2 voices, and was last updated by  Anonymous 5 years, 9 months ago.

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  • #56444

    Anonymous
    Participant

    Spain has its real estate problems like Seseña, but they pale into insignificance compared to things going on in China and Mongolia.

    Check out this video (in Spanish) on Ordos in Mongolia. A new development built for a million people at a cost of €500 billion. It’s empty. No one can afford to live there 😯

    http://www.rtve.es/alacarta/videos/programa/burbuja-inmobiliaria-llega-china/1268210/

  • #107072

    Anonymous
    Participant

    I can see the Spaniards now saying we are not worse than …… …. .

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