this post was submitted on 11 Oct 2025
1211 points (97.7% liked)
Technology
76046 readers
3481 users here now
This is a most excellent place for technology news and articles.
Our Rules
- Follow the lemmy.world rules.
- Only tech related news or articles.
- Be excellent to each other!
- Mod approved content bots can post up to 10 articles per day.
- Threads asking for personal tech support may be deleted.
- Politics threads may be removed.
- No memes allowed as posts, OK to post as comments.
- Only approved bots from the list below, this includes using AI responses and summaries. To ask if your bot can be added please contact a mod.
- Check for duplicates before posting, duplicates may be removed
- Accounts 7 days and younger will have their posts automatically removed.
Approved Bots
founded 2 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
There are always bad actors in the system (see: hedge funds). But bubble? It can be argued that Ordos (the ghost city) was build too early, but it's filling in nicely. From 30k in 2009 to 2.000.000+ in 2020.
https://en.wikipedia.org/wiki/Ordos_City
On the other hand noone ever build a damn whole modern city before for the people, so I'm not surprised they jumped the gun.
When Investors own houses only because it will appreciate in value from time only, that is a fundamentally flawed system because in reality houses decrease in value as they get older. It creates an environment where everyone involved is a bad actor
I'm sorry, I'm a little bit lost. I do agree that investment in owning rentals should be forbidden (and if city needs rental units they should be owned by the city).
I do not agree that "ghost cities" were built for speculative purposes. Speculants were buying them like crazy, yes, but the actual need for housing in regions planned (expected?) to undergo urbanization is real and the buildings were fulfilling that purpose.
Let me guess.. is it because the people's republic is flawless in every concievable way? I saw some footage from someone that was there, not a news agency. I won't pretend that couldn't be wrong, but I am known to occasionally enjoy Occam's razor.
Yeah, my server end with ml so I must be a tankie, makes sense.
It cannot be that I genuinely appreciate long term vision policies. I must be a tankie. And you're right, those cities were not needed, and planned urbanization must be planned only 2 years ahead because everything else is speculative bubble made for speculation.
All the projection.. You'll notice I didn't say you were a tankie, because you obviously are young counter culture honeymoon phase marxist. Please do me a favor and understand that actual communism will never occur either in society or your own philosophy mature, until you recognize flaws cannot be ignored. None of the actual reform leaders were ignorant of that. I also never mentioned any resemblance of urban planning. That the only path to actual societal renaissance and your own personal growth is to understand that if you overreact to something bad such as capitalism you are against the cause. Not for it. You are the breaks on developing real thoughts and ideas, and the reason is simple outrage. The most provenly useless strategy when facing adversity, completely identifiable by anyone past this first easily avoided step in processing and eventually developing personal and unique rational thought about the issue.
Objectively, it was bad to build unhabitable skyskrapers. It's humanity. When you attribute it to your ideology you perform a problem.