Ordos, China. Image courtesy of philipgostelow.com

Ordos, China. Image courtesy of philipgostelow.com

This short documentary from Australia shows how the real estate market in China is a little different than what you might expect. The building up of cities with the idea that they will one day be populated is much different than the models seen in the rest of the world, where population growth and economic development dictate where and when cities will expand.

As a result, there are an estimated 64 million vacant apartments in China.

[youtube]http://www.youtube.com/watch?v=rPILhiTJv7E[/youtube]