I saw a video on Reddit showing the demolition of dozens of vacant high rise buildings in China. In addition to what you might expect, the comments alleged a “Ponzi scheme” in the housing market, and that some were still paying mortgages on the destroyed buildings. Any idea what’s happening on that front?

  • Makan ☭ CPUSA
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    292 years ago

    You saw the demolition of high-rise buildings.

    Where did they take place? Are you sure it is China? For what reason? This was one incident? If so, if you lack the context, then don’t bother paying attention to it.