Tuesday, April 19, 2011

O if this were China

China cracks down on land hoarding

A few months old but I don't think this had been published here: China has ordered local officials to fine property developers who have left land vacant for more than one year as Beijing cracks down on hoarding that has been blamed for driving up real estate prices. The country’s land and resources ministry on Thursday published a list of 26 cases of land left undeveloped and the names of the property developers involved, with strict orders for authorities to punish the offenders.

Posted by reader @ 11:59 AM (1449 views)
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4 thoughts on “O if this were China

  • mark wadsworth says:

    Yeah! They are making tenative fairy steps towards LVT.

    I have it on good authority that they don’t like LVT because their capitalist enemies (various former colonies like HK or Tsintao or the breakaway republic Taiwan) use or used LVT to enormous success.

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  • Isn’t Tsingtao a brand of Chinese beer?

    Re LVT being politically unacceptable: China hasn’t shown any reticence about copying the best of other countries’ technology and manufacturing. Unlike many other cultures, the Chinese don’t suffer from “not invented here” mentality.

    Thanks for the post, reader.

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  • shipbuilder says:

    Isn’t it hilarious that the west thrashed around for years in supposed confusion over what happened to cause our ‘unexpected’ economic crisis and further years as to what can be done to help, while the Chinese identify the problem and get the job done within a fraction of the time. So either we’re expected to believe that the Chinese are economic geniuses and a command economy is the way to go, or we’ve been fed a lot of sh*t over the past while….

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  • Selective pragmatism shippy.

    We can do it, but the thing we promote most gets in the way sometimes, collectivism. 

    “We are all in this together” You have to admire the sheer audaciousness.

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