7 Billion Humans | Urbanization: Urbanization problems: Buildings Demolished | Shanghai, China

Urbanization problems: Buildings Demolished | Shanghai, China

Urbanization problems: Buildings Demolished | Shanghai, China

These buildings will disappear eventually because the property beneath them is just too valuable.  For the moment, however, the govternment has cooled the housing market by imposing a twenty percent resale tax.  If you want to see what this block will look like in the future you can just go to the City Planning Museum off People’s Square in the Puxi side of Shanghai. A 3D model of the city shows not only the buildings that are already done, but also those planned for the future.

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