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Honest inspections. Controlling corruption. These issues come to mind.
Shanghai has traditionally done pretty well, but this should scare apartment buyers. A lot.
Hope to see some firings based on this. Minxing? Where the heck is that?
Minxing is part of Shanghai
Kind of a new development area, all new stuff. Apartment-bloks (Build like domino) School and uni’s.
Supposedly quite a busride away from XuJiahui etc.
At least, that is what I know if it.
Correction; isn’t this the Minhang area? (Lotus Riverside and all)
Yup in Minhang. They are bumming now, every single apartment purchaser will want their money back.
Bet you they will have to raze a bunch of those buildings in the development. Word of a ‘bad luck neighborhood’ will travel fast.
Wow, it sure sucks to be an apartment purchaser at the moment
Living on the ground floor just got a whole lot more expensive.
Although I wonder whether this will have a follow-up in the news in CN/Shanghai.
Yeah probably will.
This is an ‘approved’ story and can be sucked for all it’s worth by the media.
In other words, no very powerful people are threatened by this incident.
Business as usuall