Forest City: China Built a $100bn City in Malaysia... and No One Lives There
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- เผยแพร่เมื่อ 17 ก.ย. 2024
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"Houses are for living in, not for speculation" from Xi Jingping is peak "When the worst person you know makes a good point"
The city would be a great setting for a post-apocalyptic movie or video game like Fallout
That's what I was thinking, so cool to film in a place like that, how cool would that be
They film The Walking Dead in Atlanta. That's not sets, that's just what it looks like outside of the center of the city
You should look at the level of Chinese funded construction in Africa. I've personally seen huge developments around Lagos that just stop when they're half built.
And those African nations governments are probably stuck with the debt they took on. Of course, China is always happy to take a port or two in exchange 🤷
And it's done by Chinese labor too. So the host country really gets nothing but a burden, debt, and possibly gets scammed out of rights to a port or some such.
Artificial island with concrete towers. Seems very green to me!
Honestly, living in a maintained, abandoned city would be fun.
Just blast loud music at 3am in the middle of the road
It'll make an awesome post-apocalyptic film set someday
China's Bait and Switch Initiative. 😮
As Kramer would say "I'll cost them nothing. It's just a write off for them!"
Do you even know what a write off is?
It's not so easy to build a city from scratch, now is it?
It is easy to build it from scratch, but it becomes difficult to convince people to live there and take in the skyrocketing rent they have to content with for the next 2 to 5 years before the renting prices become stable..
Otherwise artificial inflation would do the trick too if it becomes successful.
@Siranoxz it's easy for china because their construction is absolute trash.
Now? Yeah, it's relatively easy.
It is for some
having been there myself, I'd say it needs more attractions than a waterpark, a beachside and a golf resort.
I think we all know where we are going
Back to our own places because we are too poor to go there
Love me an empty megacity
At first glance I thought this was that tree-shaped group of buildings in Hainan. Those are crazy cool.
Considering that Singapore has a housing shortage, maybe Singapore can buy the project and use it to ease up the housing shortage.
affordable luxury is an oxymoron
Sim City made it look so easy that real governments decided to give it a go!
Then China tried? I mean you said "real" government and I'd hardly call the CCP a government, they are a very effective criminal organization, but to be fair there is an argument to be made that's true for all governments lol. It's just especially true for the likes of China, Russia, the DPRK and Iran.
Even the David goggins book on tape. They turn that down too
New mega projects let’s gooooooo
To think China's managed to export this problem.
There's so many city's where blocks of high rise apartment buildings have maybe a dozen residents in which each build can fit hundreds of families easily, some buildings are left incomplete and are a slowly rotting husk. China decided to build their way through the 2008 housing recession. The USA learned in our "Great Depression" why you don't try and do that. The problem is when the bubble does finally burst it'll send shock waves, we'll be ok but it'll get annoying and inflation will cause issues.
That's why the trend in Chinese households has stopped being "buy houses" and has started being "hoard and hide your cash". The CCP is trying to raise internal consumer spending but the consumers see what's going on and are not willing to spend money on things they don't need as much as the rest of the world is. Which is actually making the risk all the more likely things will get real bad in China's economy soon. If they attack Taiwan in 2027 like it's been suggested it's over for them. The fallout would do to them what Ukraine has done to Russia despite China's "wealth".
Omg, lessons never learned.
Ghost town? If it has electricity and high speed internet I'd love it.
Simon get a good deal on white shirts??
Nice video. I've been interested in the "ghost cities" of China for close to a decade. Winston (serpentza) produced a number of good videos on these while he lived there.
They should've built the city on rock and roll.
Why live in buildings made of tofu?!
Not everyone can afford a house made from gingerbread and candy.
MMmm ! Tofu ! 🤗
it may be a chinese company, but the materials and practices aren't carried from all the way there.
Believe it or not, Country Garden is actually one of the more reliable contractors in terms of quality. They probably won't crumble, although maintenance will be difficult.
The only problem is that they're building an entire green city for 700,000 millionaires to buy vacation homes. It's not at all surprising they didn't find enough buyers for it.
Of the many topics fact boy covers. These are my absolute fave
There are places where bank account interest matches inflation? Where is this utopia?
UF YOU BORN INTO THE city life That Description sounds like paradise. Trees and few people and no cars and The beach
Build it and they will come. Not always, but you can class that as a tax write off
I wouldn't mind living there as long as I'd have access to diabetes supplies, the internet, a car and plenty money to keep me going.
Simon you keep saying "buying" real estate in China? That's not possible you can buy a 70 year lease..
Man...once you see Winnie the Pooh, you can't unsee it...
Low income housing? Who needs that? 🙄
Ha ! I am way ahead of you as I have little sanity to erode.
If they will let me emigrate there next year with my minuscule pension then I will happily go.
To live in a modern town with little in the way of neighbours sounds like a dream.
I wouldn't live in a Chinesium building either.....
I am from Malaysia and i didn't own a house yet ...
Look at the new Capitol City in Myanmar? Empty. 😮
Watching your content is like taking a stroll in the garden of inspiration. Thanks for the fragrance!🤪🤪 ! ⛳️'
hahahahahahahahaha
cooked
Looking pretty fit in that ad read there Simon! Are you about to start a workout channel? MuscleBlaze? Gainsographics? What about Into the Weight Room!
winnie the pooh at 12:30
Great choice! This is my must-see content every time.💖💖 ) 🤠.
Like soo many "Luxury" apartaments in USA that has barely anyone living in it.
Yeah but those are actually owned and are in bustling cities
"China Built"
All the homeless people in the USA would be moving there. 😂😂😂😂😂
They also have a lot of cats and dogs.
Immigrants should be deposited there
@@dougaldouglas8842yea no Malaysian would like illegal immigrants in our country, keep that issue within the US. Yall be giving more benefits to immigrants than your own tax payers
Why is that funny?
Sounds like what is going to happen in America
Not even a little. Turn off the doom tube. Our economy is actually growing. We need more housing, we don't have the real crisis of not having enough people to fill them. Inflation is actually on a downward trend and has been. Job growth is up.
Prices are high only due to greed. There's no other reason. Corporate greed.
Absolutely no comparison.
@@knightsnight5929 it will if Kamala gets to inflate the value by another $25,000 by giving people that already are priced out of the market a "free" $25,000 for a down payment. Sounds a lot like giving people with bad credit loans that they couldn't afford in the 2008 real estate bubble.
"F*** Malaysia. It sounds like a health condition"
That rich kid in Succession
The baldy titled the video .....and No One Lives There. Always doing the clickbait. Of course there are people living there.
It’s China Simon. It’s not rocket science