The salesclerk at a Belgravia clothing boutique, who also spoke on the condition of anonymity because she did not want to get in trouble, said that at some times of the year the area was virtually abandoned. “We’ll shut for the whole of August,” she said. — NYT
Earlier this week Sarah Lyall explored how some neighborhoods in London have become "So Exclusive Even the Owners Are Visitors". This is because the owners are increasingly, superwealthy foreigners from places like Russia, Kazakhstan, Southeast Asia and India, who are purchasing a residence...
Originally a low income neighborhood of informal, mud brick housing, Sher-Pur was subject to government land grabs around 2004 and is now Kabul's wealthiest neighborhood. Built up using mashup of imported architectural designs from Dubai, the neighborhood is full of massive poppy palaces and narco palaces... as the international community pulls out ahead of the 2014 NATO withdrawal deadline, many of these elaborate mansions are sitting empty. Sher-Pur is becoming a ghost town of opulence. — sustainablecitiescollective.com
As growth slows, China's huge investment in infrastructure is looking ever harder to sustain, leaving a string of ambitious projects - towns, shopping malls and even a theme park - empty and forlorn. — bbc.co.uk
Pegasus, the company behind the scheme, had originally intended to build the huge, 15-square mile replica town near to Hobbs in the southwestern U.S. state but has postponed building work after struggling to find enough land for the project.
The $1billion city (£643million) with no residents had been billed as a testing ground for researchers developing products ranging from self-flushing toilets, intelligent traffic systems and next-generation wireless networks. — dailymail.co.uk
In Inner Mongolia a new city stands largely empty. This city, Ordos, suggests that the great Chinese building boom, which did so much to fuel the country's astonishing economic growth, is over. Is a bubble about to burst? — BBC
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