{"id":95871,"date":"2009-12-23T08:09:09","date_gmt":"2009-12-23T13:09:09","guid":{"rendered":"http:\/\/www.businessinsider.com\/wrenching-stories-on-the-human-toll-of-the-chinese-property-boom-2009-12"},"modified":"2009-12-23T08:09:09","modified_gmt":"2009-12-23T13:09:09","slug":"wrenching-stories-on-the-human-toll-of-the-chinese-property-boom","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/95871","title":{"rendered":"Wrenching Stories On The Human Toll Of The Chinese Property Boom"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"float_right\" src=\"http:\/\/static.businessinsider.com\/~~\/f?id=4b321555000000000046c9ad&amp;maxX=369&amp;maxY=246\" border=\"0\" alt=\"null\" width=\"369\" height=\"246\" \/><\/p>\n<p>This time of year, you see a lot of &#8220;best of the decade&#8221; or &#8220;best of the year&#8221; lists, and of course we take part as well.<\/p>\n<p>Among the most striking we&#8217;ve seen is <a href=\"http:\/\/www.chinadaily.com.cn\/china\/09tentopnews\/2009-12\/21\/content_9200900.htm\">this one at China Daily<\/a> on the <em>Top 10 Real Estate Debacles Of 2009.<\/em><\/p>\n<p>The funny thing about it is that China&#8217;s property market is experiencing a monster <em>boom<\/em>.<\/p>\n<p>A list from the US would be all about the various commercial real estate deals gone bad &#8212; Stuy-Town, The Union Square W, etc. &#8212; but there it&#8217;s all about the toll of a country that&#8217;s gone mad, building as much property as it can, as fast as it can.<\/p>\n<p>So the stories are about peasants <a href=\"http:\/\/www.businessinsider.com\/chinese-man-self-immolates-to-protest-eviction-2009-12\">lighting themselves on fire<\/a> to protect their homes, or, of course, the infamous Chinese apartment building <a href=\"http:\/\/www.businessinsider.com\/subprime-construction-shanghai-edition-2009-6\">that just fell sideways<\/a>, because the construction was so shoddy.<\/p>\n<p>Anyway, if you have the time, you really should <a href=\"http:\/\/www.chinadaily.com.cn\/china\/09tentopnews\/2009-12\/21\/content_9200900_9.htm\">read through the list of stories &gt;<\/a><\/p>\n<p><em>(Image via <a href=\"http:\/\/www.chinadaily.com.cn\/china\/09tentopnews\/2009-12\/21\/content_9200900_9.htm\">ChinaDaily<\/a>)<\/em><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/wrenching-stories-on-the-human-toll-of-the-chinese-property-boom-2009-12#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/chinese-man-self-immolates-to-protest-eviction-2009-12\">AGAIN: Chinese Man Self-Immolates To Protest Eviction<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/chinese-lady-self-immolates-to-protest-destruction-of-her-home-2009-12\">Chinese Lady Self-Immolates To Protest Destruction Of Her Home<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/subprime-construction-shanghai-edition-2009-6\">Shanghai Redefines Subprime Construction: Building Just Falls Over<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/rFd0_Kxk9wU\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>This time of year, you see a lot of &#8220;best of the decade&#8221; or &#8220;best of the year&#8221; lists, and of course we take part as well. Among the most striking we&#8217;ve seen is this one at China Daily on the Top 10 Real Estate Debacles Of 2009. The funny thing about it is that [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-95871","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/95871","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=95871"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/95871\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=95871"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=95871"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=95871"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}