2014-04-29

That Crappy Housing

In The Two Views on China's Housing Market, there's the quote from Rafael Halpin about "crappy legacy housing."

Here's the latest example.

Dilapidated residential building torn down in E China
A 25-year-old dilapidated apartment building that housed 30 families was demolished by local authorities in Changshu, east China's Jiangsu province, on Monday, the Yangtse Evening Post reports.

The building reportedly had visible cracks in the walls, a sinking ground and pieces of the building were crumbling within the past 20 days.

......The building collapses in Fenghua and Changshu mark the beginning of a wave of such disasters, as the "fast food" buildings erected in China's coastal cities throughout the 1980s and 1990s enter 20s and 30s.
There may be more teardowns with the new housing minister.

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