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China’s ‘rotten-tail buildings’: homebuyers in limbo for years with no home due to dodgy developers and red tape | South China Morning Post

A survey conducted this year found over 45 per cent of homebuyers in mainland China encounter unfinished building problems

Unfinished or ‘rotten-tail buildings’, as they are known in China, usually have no electricity, no running water, lifts that do not work and no sewage system

Annoyed_Crabby ,

It’s from 2022. This is the newest article on the issue i can find, and talking about the same issue, so i think its an ongoing stuff to this day in case someone pointing out the date.

Basically late stage capitalism.

DeepChill ,

There’s at least one YT channel that keeps popping up in my recommendations that focuses on “Tofu dregs”. All infrastructure, not just residential buildings.

Jake_Farm OP ,
@Jake_Farm@sopuli.xyz avatar

I figured this was the most dystopian.

nonailsleft ,

Please, Xi

veganpizza69 ,

It’s called “ponzi scheme”.

Nasan ,

This is what bugs me about the modern Chinese Communist Party, these developers need a taste of what happened to landlords during the Land Reform Movement.

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