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0 sats \ 0 replies \ @jeff 22 Jun \ on: Chinas popped real estate bubble: Farmers plow fields between ruins econ
Those are crazy photos.
So many questions.
- What would have been the cost of these homes to develop?
- What kind of person can afford a house like that, but also wants to live 20 feet from their neighbor?
- Isn't it super inefficient to farm like that? Which means, the land much be trading at a discount to the same size of nearby regular fertile land.