Imagine complaining about the build quality of Chinese apartments when your reference point is… American ones.
No sheathing, drywall on inner walls, barely any insulation, plywood only for the minimum necessary to guarantee wind stability… Pot calling the kettle black, really. You can literally run through walls of new builds in the US.
China builds housing for the market. While quality might be high in tier 1, 2 and even tier 3 cities, that’s not going to be as true for tier 4 cities that are designed to absorb the massive rural-to-urban migration of poor farmers… The market doesn’t demand it. You’re kidding yourself if you think even the shoddiest constructed apartment isn’t better than the average rural home which not only lacks building codes but lacks modern materials.
Their stock market, maybe. There is a reason this company imploded and it was because of their investor market, not real demand. Those ghost cities were the product of an investment housing market gone wild. Right now, it’s the same failure mode, regardless of the country.
Imagine complaining about the build quality of Chinese apartments when your reference point is… American ones.
No sheathing, drywall on inner walls, barely any insulation, plywood only for the minimum necessary to guarantee wind stability… Pot calling the kettle black, really. You can literally run through walls of new builds in the US.
China builds housing for the market. While quality might be high in tier 1, 2 and even tier 3 cities, that’s not going to be as true for tier 4 cities that are designed to absorb the massive rural-to-urban migration of poor farmers… The market doesn’t demand it. You’re kidding yourself if you think even the shoddiest constructed apartment isn’t better than the average rural home which not only lacks building codes but lacks modern materials.
Their stock market, maybe. There is a reason this company imploded and it was because of their investor market, not real demand. Those ghost cities were the product of an investment housing market gone wild. Right now, it’s the same failure mode, regardless of the country.