Real Estate Development in China

884 Words Jan 30th, 2018 4 Pages
In 2001 they discovered a suitable spot in the miles of countryside; they were then ready to launch the creation a new city district (WU). After ten years of hard labor their vision had been born. Kangbashi, became the newest addition to Ordos, China. The city turned out looking exactly how the architects had designed; duplexes and bungalows stretched on for acres. Buildings varied from office towers, administrative centers, and government building to museums and theatres. Kangbashi has a lot more than just stunning buildings, there are public parks, dozens of swimming pools, and a massive town square hosting an amazing sculpture of two giant horses bucking. Sand dunes shaded the 29,000-square-foot Ordos Art Museum (WU). Kangbashi is a beautiful city and is located in Ordos which has one of the highest GDPs per capita in the country. Although this city seems perfect there is however, one thing wrong. It is one of China’s many ghost cities.
Kangbashi has an ideal location, a gorgeous scenery, and is has great housing. So what’s wrong? “Kangbashi isn’t a ghost town due to economic issues, contamination or any other common cause of such abandonment – the government simply can’t convince people to move there” (WU). But the city has perfect living condition – once you can buy yourself a place to stay. In fact, every apartment has been sold, yet it’s still a…

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