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Re:China's Ghost Cities and Malls by ultrasaurus on Wednesday March 30, 2011 @12:01PM (#2387830)
My understanding is that there's no property tax in China [1] which makes holding empty property a lot more attractive than it is here.

[1] I lived in China for years, but I learnt that here: http://yglesias.thinkprogress.org/2010/06/china-eyes-propert...

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