Replica cities lack something

The economic miracle in China has led to the creation of many ‘fake’ replica cities; Paris, London, Jackson Hole, etc.  Despite features like a 1/3 replica of the Eiffel Tower, a modified Tower Bridge and Route 66 these ‘duplitecture’ cities are missing something according to this piece over at ABC Nightline.

Is it Joie de vivre? Culture? or simply population? Apparently if you build it, they won’t necessarily come right away.

Tianducheng, or “Sky Capital City,” is a real estate development modeled after the city of lights, right down to a version of the Eiffel Tower that is one-third the height of the real one.

“I think [it’s] a little strange,” Rachel Ni, who moved to Tianducheng six years ago, told ABC News’ “Nightline.” “I don’t like it here.”

Unlike the real Paris, laundry hangs in full view everywhere in Tianducheng, even on trees, and the fountains are dry. Many apartments are empty, and few stores are even open for business.

“I live here because it’s cheap. In Hangzhou, this is very, very cheap,” said Ni. “The environment is good, especially for the baby.”

Is it jealously that made ABC find a negative angle on this? Replica theme park cities sound great, think of the savings on travel budget!  Just imagine if we could have a replica Interlaken in Stanley park, a tiny NYC on the east side or Honolulu in Poco…  Read the full article and view the video here.

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LS in Arbutus

Just finished reading The Big Short. A couple of the signs that those buying the credit default swaps knew that the housing market was cooked when they saw rampant speculation (those buying units and not living in them) and out and out fraud….. hmmmm… of course the adjustable rate mortgages didn’t help either but the fundamental issue was they were selling to those who could not afford it. The. book is an absolute must read as it was just so damn interesting and well written.

Combat roach

The movie is more than perfect too.

Shut It Down Already

This just in, the Venetian in Las Vegas is not quite Venice. More at 11.

Admin, what happened to this place?

Combat roach

Sounds like a stinky rotten corpse ripe for cremation…


Foreclosed luxury flat at Hong Kong’s 39 Conduit Road offered for HK$37m less than price paid in 2014

“As property prices fall, we see a rising number of distressed properties being offered for auction. Most of these are over HK$30 million and provide a great opportunity to bidders to snap up good property at 30 per cent below the market price.”

Meanwhile in Vancouver….as they say…..a fool and his money…


Zerohedge on Mainland Chinese buying in Vancovuer such as poor Mr Yuen:
•Chinese investors smuggled out millions in embezzled cash, hot money or perfectly legal funds, bypassing the $50,000/year limit in legal capital outflows.
•They make “all cash” purchases, usually sight unseen, using third parties intermediaries to preserve their anonymity, or directly in perso, in cities like Vancouver, New York, London or San Francisco.
• The house becomes a new “Swiss bank account”, providing the promise of an anonymous store of value and retaining the cash equivalent value of the original capital outflow.
•Then the owners disappear, never to be heard from or seen again.


A 6.2 quake just hit Japan and it is violent and destructive. Imagine the big one thats going hit Vancouver soon and it will be many times more violent. Time to move and let the HAMs move in.


“Vancouver on the Persian Gulf”

“To re-create Vancouver on the Gulf, Sheik Mohammed Bin Zayed Al Nahyan, who took control of Abu Dhabi after his octogenarian father’s death in 2004, is tapping the source. Last year, the 46-year-old British-educated crown prince — considered the most Western of the emirates’ leaders — imported Larry Beasley, Vancouver’s 59-year-old former planning czar, immediately after he’d retired from a 20-year stint as co-director of planning. “

Interest Only

Sign this official government petition for addressing foreign ownership –


Vancouver Forest;

Vancouver Forest is a unique 900-unit residential development located about 30 minutes from Beijing’s international airport. The site has been designed to replicate a mini-Vancouver neighborhood complete with west-side Vancouver-style housing, natural landscaping and lots of trees.

The Canadian style of housing is very popular in China with Chinese wanting to live in ‘North American’ style of housing without having to move to Canada or the USA.


After you buy a house in Vancouver forest do you tear it down and build something gaudy?


In all seriousness, we can scoff at the Chinese and some of their empty cities but the opposite extreme is that our entire province only has one real city, it’s poorly planned, and housing prices are going through the roof. We could learn something from them and do ourselves well by having the government invest in building a second tier 1 city in BC.


Our leaders in government could build a second tier city, for Canadians. The Canadians would travel on buses to Vancouver to serve the needs of rich Chinese citizens. The new city for Canadians could be called Serflandia.


New Vancouver just sucks.


dubai is modeled after singapore and old vancouver. new vancouver is becoming singapore.