Ghost City? Hardly. With population increase, those houses in Ordos will get filled up.<quoted text>
the data is here.
Erdos this year from first 10 month, attract 220 billion yuan industiral
the city is number 1 in GDP output in inner mongolia and finally get rid off coal industry as number 1 source of GDP.
real estate only counts less than 4% of their GDP last year.
they city has 40% of their population from other regions of China.
Erdos real estate ave. price was stabled last year at 5400 yuan/ sq. meters. and increase to 5600 yuan/ sq..
the population has increased from 800,000 to 1 million.
the city gov. has moved to new part of the city.
The Western press was saying Shanghai's new Pudong district is a "ghost city" in the mid-1990s. Look at Pudong now. Thriving.