<?xml version="1.0" encoding="utf-8"?><rss version="2.0" xmlns:atom="http://www.w3.org/2005/Atom" xmlns:content="http://purl.org/rss/1.0/modules/content/">
	<channel>
		<title>Demolition of 15 Apartment Buildings</title>
		<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings</link>
		<atom:link href="https://www.gokunming.com/en/forums/thread_rss/17859/" rel="self" type="application/rss+xml" />
		<description><![CDATA[Demolition of 15 Apartment Buildings - GoKunming Forum]]></description>
		<lastBuildDate>Tue, 21 Jul 2026 00:30:35 +0800</lastBuildDate>
		<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by vetimo]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114805</link>
<description><![CDATA[This happened in Kunming City near Western Hills on August 27th. Touted as one of the largest residential demolition jobs in China.<br />
<br />
Watch the dramatic footage here:<br />
<br />
https://www.youtube.com/watch?v=gn1egrjMoD8 <br />
<br />
It only took 45&hellip;]]></description>
<content:encoded><![CDATA[This happened in Kunming City near Western Hills on August 27th. Touted as one of the largest residential demolition jobs in China.

Watch the dramatic footage here:

https://www.youtube.com/watch?v=gn1egrjMoD8 

It only took 45 seconds to wipe out seven years of construction labor.

Apparently, the developer of Sunshine City II (Liyang Star City) ran out of money. The empty buildings stood unfinished for years. There are over 92 unfinished property projects in Kunming similar to this one.

The more reasonable course of action, imho, is for other land developers to negotiate a take-over of capital depleted residential complexes. The demolition of Liyang Star City phase II is resource wasteful, to say the least.

Unfinished constructions seem to be a reoccurring theme among debt-ridden developers as world investors await the unfolding of Evergrande's fallout.

Not long ago, President Xi stated that houses are intended for living, not speculation. This mantra aligns with Beijing's effort to distribute the wealth, and to lessen financial burdens for young families vying to start a family. Meanwhile, debt-fueled property development lendings have been reigned in.

In light of regulatory clampdown on bad debt and risky lending, colliding with pandemic uncertainties, property prices in Kunming and Yunnan as a whole have taken a considerable hit.

The silver lining is dip buying opportunities for those who are looking to own a home.]]></content:encoded>
<pubDate>Tue, 21 Sep 2021 12:52:57 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114805</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by livinginchina]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114806</link>
<description><![CDATA[It's still too early to know what will happen. Next week the picture will be clearer. BTW they had to demolish those building and not allow another company to continue because a lot if not&hellip;]]></description>
<content:encoded><![CDATA[It's still too early to know what will happen. Next week the picture will be clearer. BTW they had to demolish those building and not allow another company to continue because a lot if not all of those building's foundation was found to be unstable because of the amount of time left vacant. The heavy rains we have been experiencing these past few years did a lot of damage. The smart thing to do was to demolish them. I heard that they are going to build smaller 'high rises/condos' on those lots.]]></content:encoded>
<pubDate>Tue, 21 Sep 2021 13:00:48 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114806</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by DasIstAoWPhOL]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114807</link>
<description><![CDATA[evergrande is not lehmann in 2008 as if it is the state will kick in a bail out.the chinese state watching the enconmy with a very close eye as they can turn 180 degree&hellip;]]></description>
<content:encoded><![CDATA[evergrande is not lehmann in 2008 as if it is the state will kick in a bail out.the chinese state watching the enconmy with a very close eye as they can turn 180 degree in overnight if necessery. in this matter, they are flexiable.very. 

morelikely, it is another bump on the road. and demolition jobs happens in liyang II is quite a insignificant action. if the project is profitable for other construction company, there would be a deal. but as above already stated out, the fundation has been heavy damaged, flat it might be just the right choice to be made.]]></content:encoded>
<pubDate>Tue, 21 Sep 2021 13:31:26 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114807</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by JanJal]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114809</link>
<description><![CDATA[China's domestic economy is so heavily based on urbanization, that even without financial difficulties like these of Evergrande, the road ahead in coming decades will be a rough ride.<br />
<br />
Bumps like this on the road,&hellip;]]></description>
<content:encoded><![CDATA[China's domestic economy is so heavily based on urbanization, that even without financial difficulties like these of Evergrande, the road ahead in coming decades will be a rough ride.

Bumps like this on the road, now, will help China to prepare for the worse that is to come.]]></content:encoded>
<pubDate>Tue, 21 Sep 2021 23:07:38 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114809</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by livinginchina]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114810</link>
<description><![CDATA[The perfect storm is forming. The pandemic, floods/weather, real estate bubble are a perfect recipe for disasters for China's growth. If they keep on stifling each sector(tech./edu./entertainment,travel) how can the economy grow? I&hellip;]]></description>
<content:encoded><![CDATA[The perfect storm is forming. The pandemic, floods/weather, real estate bubble are a perfect recipe for disasters for China's growth. If they keep on stifling each sector(tech./edu./entertainment,travel) how can the economy grow? I wonder what will winter bring in terms of disasters.]]></content:encoded>
<pubDate>Tue, 21 Sep 2021 23:42:54 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114810</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by michael2015]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114815</link>
<description><![CDATA[@vetimo<br />
Thanks for the video compilation link. Nice. Colossal waste of finance though.]]></description>
<content:encoded><![CDATA[@vetimo
Thanks for the video compilation link. Nice. Colossal waste of finance though.]]></content:encoded>
<pubDate>Wed, 22 Sep 2021 13:43:00 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114815</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by JanJal]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114817</link>
<description><![CDATA[On the note of wasted finance, good sign here is that safety of people was put before financial gains.<br />
<br />
If the information is to be believed, the development was paused for so long that the&hellip;]]></description>
<content:encoded><![CDATA[On the note of wasted finance, good sign here is that safety of people was put before financial gains.

If the information is to be believed, the development was paused for so long that the foundation work for the houses was damaged - although I bet that some flaws in the original work contributed to putting it on hold in the first place.

In "old China" the construction would have probably went on anyway, and people could have ended up dying or losing their apartments due to unreported damages.

One less thing to cover up in coming years, by transparently blowing up the whole thing.]]></content:encoded>
<pubDate>Thu, 23 Sep 2021 07:37:44 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114817</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by livinginchina]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114818</link>
<description><![CDATA[There are so many 'ghost cities' that have been sitting for so many years. They should demolish all those hi rises that have been idle for all these years. They are in decay and are&hellip;]]></description>
<content:encoded><![CDATA[There are so many 'ghost cities' that have been sitting for so many years. They should demolish all those hi rises that have been idle for all these years. They are in decay and are a potential hazard.]]></content:encoded>
<pubDate>Thu, 23 Sep 2021 07:56:39 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=3#post-114818</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by DasIstAoWPhOL]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=2#post-114819</link>
<description><![CDATA[those "ghost cities" has long been filled.]]></description>
<content:encoded><![CDATA[those "ghost cities" has long been filled.]]></content:encoded>
<pubDate>Thu, 23 Sep 2021 12:36:15 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=2#post-114819</guid>
<author></author>
</item>

<item>
<title><![CDATA[Demolition of 15 Apartment Buildings - Post by livinginchina]]></title>
<link>https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=2#post-114820</link>
<description><![CDATA[Really? Ha.Ha.]]></description>
<content:encoded><![CDATA[Really? Ha.Ha.]]></content:encoded>
<pubDate>Thu, 23 Sep 2021 13:18:49 +0800</pubDate>
<guid isPermaLink="true">https://www.gokunming.com/en/forums/thread/17859/demolition-of-15-apartment-buildings?page=2#post-114820</guid>
<author></author>
</item>

	</channel>
</rss>
