somewhere in this city there is apparently a scale model of what shanghai is anticipated to look like in 5 years.
it would be worth finding. The poor guy who has to work on this thing, for him every day must suck. ‘kim chi you have not updated model, what happened?’ ‘sir, i went to sleep’, ‘you do not sleep! this is shanghai, model out of date!’
the long highway that i’m driving is curbed with new skyscrapers. the height is generally not outlandish -- if you look i suppose that the average is 30 to 40 floors. But by volume it’s almost impossible to imagine how there is enough stuff to occupy, nevertheless pay for rent in all of this space.
Residential? was the population homeless yesterday?
The count is 25 million in Shanghai, I assume they live somewhere to be counted. Is the residential construction meeting the demand of people immigrating to shanghai? Or are there a lot of abandoned crap shanty housing somewhere as a middle class develops?
Either way a lot of people have new digs, and by the looks of it a lot of realestate developers will be investing in tums if the markets show so much as a whisper of slacking.