• AbouBenAdhem@lemmy.world
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    5 个月前

    an abandoned real estate project taken over by graffiti artists

    They say that like it’s a bad thing.

  • theodewere@kbin.social
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    5 个月前

    i wonder when the words “Chinese real estate developer” will start to sound like nails on chalkboard to people generally

    • 3ntranced@lemmy.world
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      5 个月前

      It blows my mind people still engage with Chinese re developers in the first place after their myriad of failed development at home. How many of those empty new skyscrapers did we see them topple just a few months back?

    • Flying Squid@lemmy.world
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      5 个月前

      In L.A.? Where it took decades to get a train to the beach because all the people in Beverly Hills didn’t want the poors going UNDER their community?

    • themeatbridge@lemmy.world
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      5 个月前

      They should claim it via emminent domain and tear it down. It was poorly built and left vacant for 5 years. I doubt it’s safe for people to live there at all.

  • TechNerdWizard42@lemmy.world
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    5 个月前

    This happens to real estate companies all over the world, and in the US. The fact that this one developer is Chinese means nothing other than to stoke nationalist fears.

    Any developer making a skyscraper has everything run though shell corporations. When things go wrong, it is just that corporation that goes wrong and it doesn’t bankrupt the main corporations. This is basic practice. If that Tower was owned by someone living next door, the outcome would be exactly the same. Just less scary and not newsworthy as it happens everyday in the US to zero fanfare.

  • Brkdncr@lemmy.world
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    5 个月前

    Seems ripe for becoming shanty town. Just move in, bring your own water and power.