Ghost City: Lanzhou New District

The article is similar to the Lu'an article posted earlier and covered here (it looks like CCTV-2 did a story on real estate disaster areas) : Hot and Cold Real Estate in Anhui: Hefei on Fire, Lu'An on Ice

Readers who want to check it out can go ahead, but the whole story is summed up in about a sentence. The city has built an entirely new district and (drum roll):
Lanzhou New Area, according to official statistics, by the end of March this year, the District has built residential area of ​​about 7.3 million square feet, 6 million square feet of commercial housing inventory, unsold rate of 82%.
iFeng: 一个楼盘仅有3户入住 这个国家级新区怎么了

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