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Apartments were rapidly bought up by homeowners who had no intention of moving in, and prices rose - resulting in a massive property bubble and vast uninhabited cities. And governments get massive sales revenue from leasing the land out to developers. Kangbashi eventually managed to lure more residents in after top schools moved into the city, Nikkei reports. A man squats on the side of a road near a new apartment complex on the outskirts of Yulin, Shaanxi ProvinceCredit: Getty Locals crab fishing with idle construction sites on the horizon in CaofeidianCredit: Getty The leftover gate from a road construction site in CaofeidianCredit: Getty The construction frenzy has left half-built amusements parks and tourist attractions abandoned for years - and a full-scale replica of the Titanic costing £110million has been sat rusting for six years. Evergrande, China's most indebted developer, is at the centre of the disaster with a massive $300billion in liabilities. designer bags cyber monday
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