Chinese Luxury Homes Are Booming

Cheap designs have lent a surreal touch to China's urban landscape.

1 minute read

January 31, 2004, 9:00 AM PST

By Zvi Leve


China's booming real-estate market for luxury villas and apartments is driven by an abundance of cheap land, cheap labour and easy credit. But many of the new residential complexes suffer from shoddy workmanship and a lack of nearby amenities, making them difficult to sell. As authorities try to impose order in the market, some developments are being "simply abandoned."

Thanks to Zvi Leve

Thursday, January 22, 2004 in The Economist

portrait of professional woman

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching. Mary G., Urban Planner

I love the variety of courses, many practical, and all richly illustrated. They have inspired many ideas that I've applied in practice, and in my own teaching.

Mary G., Urban Planner

Use Code 25for25 at checkout for 25% off an annual plan!

Redlining map of Oakland and Berkeley.

Rethinking Redlining

For decades we have blamed 100-year-old maps for the patterns of spatial racial inequity that persist in American cities today. An esteemed researcher says: we’ve got it all wrong.

May 15, 2025 - Alan Mallach

Logo for Planetizen Federal Action Tracker with black and white image of U.S. Capitol with water ripple overlay.

Planetizen Federal Action Tracker

A weekly monitor of how Trump’s orders and actions are impacting planners and planning in America.

May 21, 2025 - Diana Ionescu

Rendering of California High-Speed Rail station with bullet train.

California High-Speed Rail's Plan to Right Itself

The railroad's new CEO thinks he can get the project back on track. The stars will need to align this summer.

May 19, 2025 - Benjamin Schneider

Two Rivian trucks charging at Rivian branded charging ports.

US Senate Reverses California EV Mandate

The state planned to phase out the sale of gas-powered cars by 2035, a goal some carmakers deemed impossible to meet.

May 22 - CALmatters

Metal U.S. Geodetic Survey marker in stone in Arizona.

Trump Cuts Decimate Mapping Agency

The National Geodetic Survey maintains and updates critical spatial reference systems used extensively in both the public and private sectors.

May 22 - Wired

Close-up of 10 mph speed limit sign.

Washington Passes First US ‘Shared Streets’ Law

Cities will be allowed to lower speed limits to 10 miles per hour and prioritize pedestrians on certain streets.

May 22 - The Urbanist