China’s ‘rotten-tail buildings’: homebuyers in limbo for years with no home due to dodgy developers and red tape | South China Morning Post
Submitted 1 month ago by Jake_Farm@sopuli.xyz to aboringdystopia@lemmy.world
https://www.scmp.com/news/people-culture/social-welfare/article/3175973/chinas-rotten-tail-buildings-homebuyers-limbo%3EA%20survey%20conducted%20this%20year%20found%20over%2045%20per%20cent%20of%20homebuyers%20in%20mainland%20China%20encounter%20unfinished%20building%20problemsUnfinished%20or%20%E2%80%98rotten-tail%20buildings%E2%80%99,%20as%20they%20are%20known%20in%20China,%20usually%20have%20no%20electricity,%20no%20running%20water,%20lifts%20that%20do%20not%20work%20and%20no%20sewage%20system
Annoyed_Crabby@monyet.cc 1 month ago
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.