Summary

  • The State Guest Mansions project was a real estate development in Shenyang, China, that was abandoned after two years of construction.

  • The project was supposed to create 260 European-style mansions for affluent residents, but it was never completed.

  • The reasons for the abandonment are unclear, but locals suspect that corruption might have been the cause, as funding had been discontinued, and unauthorized construction crackdowns had left the project incomplete.

  • The mansions are now being used by farmers for their crops and livestock.

  • Ghost towns are not uncommon in China, and there are an estimated 65 million empty houses in the country.

  • The rise of ghost cities in China is due to a number of factors, including government policies and oversupply of housing.

Additional Details

  • The State Guest Mansions project was developed by the Greenland Group, a major Chinese real estate company.

  • The project was located in the hills near Shenyang, a major city in northeastern China.

  • The mansions were designed to be luxurious, with marble floors, chandeliers, and coffered ceilings.

  • The project ran into financial difficulties within two years of constructions.

  • The Greenland Group has not commented on the reasons for the abandonment of the State Guest Mansions project.

The article also mentions the issue of ghost towns in China. Ghost towns are areas that have been built up but are largely uninhabited. There are an estimated 65 million empty houses in China, which is enough to accommodate the entire population of France.

  • alterforlett
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    fedilink
    21 year ago

    I don’t know anything about this particular project, but hasn’t the real estate market in China been artificially inflated for some time?