china-suburbia-079

china-suburbia-079

China Suburbia cover
china-suburbia-078
Land in the edges of urban areas is purchased by municipalities at low rate, then it’s repurposed as urban, and is sold to land developers at the highest rate. The benefits for the investors are colossal. To make the fastest profit, a developer buys new urban construction land from local governments as soon as it’s made available. According to the law, the developers must build something on the new purchased land almost immediately, despite the area lacks of infrastructures, services, and population.
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