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We explore our Chinese apartments, and how the downfall of Evergrande was written on the wall of every tofu building in China. This is only the beginning.
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Living in China for so long, we would like to share some of the comparisons that we have found between China and the west, and shed some light on the situation.
Every week, we take you to a new place in China on our bikes, cover a topic, and reply to your questions.
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The ugliest buildings ever- I would never buy anything like that
when the government is responsible for everything, the people take no responsibility for anything.
I remember when you biker guys made the original video about this shit years ago. China did a big old GDP Pump and Dump. I'm not giving any advice, but today I got me a share of GME on Computershare's direct register site.
What on earth is he trying to cosplay with that ridiculous hair…
The Chinese built BaHaMar Resort in the Bahamas for $1 billion plus. I was thinking to go there. No longer!
Will this stop the threat that China represent?
It makes me angry that so many entertainment companies in the USA bend over to please the CCP.
Wow! Must be a huge collapse coming, of the "values", and the buildings.
All over EU there are structures literally hundreds, sometimes thousands, of years old and look way better than the 3 year old Chinese apartments.
Also in the EU and US the renting out is essentially the same price as the mortgage. In China the mortgage is 3 times higher than the rent? Wow dudes, you've gotten yourselves a good system right there.
I am not even going to go into the fact that you can't own land in China, the social credit system, gulags that are happening right now, etc.
Wonderful country is China. A role model.
Why the hell would anybody spend a dime in that place. Not to mention all their ideas are stolen. Shit hole.
Anyone watching your channel would have at least avoided Chinese investment exposure, or started shorting a while ago…. 🙂
Young Martin Sheen??
Say NO to made in China, support local
Yeah, I remember when these videos of the ghost towns started dropping 5 or 6 years ago, and back then I knew it was only a matter of time.
Former English teachers with no qualifications aren't going to be able to explain to you the Evergrandes situation. Ask a reputable economist with a good track record of predictions and success if you want to understand the situation
this is such a waste of resources, makes me sick to see this, what is wrong with these people.
Send the Portland ANTFA criminals to one of those ghost towns !
This is apocalyptic!!! This is not dangerous this is death of a nations perceived wealth….. So many countries bet their economies on the growth of China….. Its going to be the biggest economic downfall followed by potential conflict
Your guys’ biggest hope is to see China collapses. However, this is just your dream which will not happen.
What you are showing me are crapholes in China. Are there honestly any decent places to live that are not run down and expensive? IS it better to live in a rural part of China?
these is no way that place is only 3 years old…… it looks about 50 years old. holy crap
This 20% a year increases year on year etc. etc. is going on in Australia now.
China has built a literal house of cards and someone flicked one with their finger.
We're watching it all collapse in real time.
I remember seeing your videos of crumbling empty buildings
Same as they do in uk lads
These apartments are trash, no wonder why, no one lives in them.
Seriously, with 90 million empty appartments, that are now falling apart, what did they expect would happen?
hopefully it will cool the world's real estate market if China's is more subdued.
And I thought it was bad when the bathroom sink in my Shanghai hotel room fell through the counter.
Truly " made in china "
this isn't why, but you're of course right about the experience
It seems like an awful lot of work to make things so cheap. Masterfully incompetent.