Posts Tagged ‘Greenland Group (China)’

China’s Abandoned Levittown McMansions

Thursday, February 22nd, 2024

Another dispatch from one of China’s ghost city developments, but this one with a twist: All the homes were theoretically designed for rich people, but I’m having a hard time figuring out why they would want them.

  • More than 100 uncompleted McMansions sit in Shenyang City some 400 miles northeast of Beijing.
  • They were “built by Greenland Group, one of the more than 50 housing developers that have defaulted on their debt in recent years.”
  • “Construction in 2010 but came to a halt a few years later.”
  • I know that China is a very different country indeed, but I can’t figure out why the developers thought that these McMasions, all made on the same floorplan and jowl by jowl next to each other on pretty small plots of land, would be appealing to the wealthy in the first place. They houses themselves are big and stylish enough in the 19th century French style they were aping, but the rich want land, space and differentiation, not to live between two houses exactly like their own on a small plot of land.

    Yet another example of China’s inexplicable, wasteful policies…