Son-of-a-Weizen Posted March 6, 2011 Report Posted March 6, 2011 Would make a nice case study for the 'Wicked Dumb Business Decisions 101' course at the Wharton School of Business. http://www.youtube.com/watch?v=FL5c39VQXGw Quote
DukeCity Posted March 6, 2011 Report Posted March 6, 2011 They need to open a jazz club in it. That would turn the whole thing around! Quote
Man with the Golden Arm Posted March 6, 2011 Report Posted March 6, 2011 always wondered where the Weylu's folks ended up - old stomping grounds, R.? Quote
JSngry Posted March 6, 2011 Report Posted March 6, 2011 Not sure if this has been discussed here before or not, but... http://www.deadmalls.com/ If you're old enough, it's pretty chilling reading sometimes... Quote
Chuck Nessa Posted March 7, 2011 Report Posted March 7, 2011 Great link Wheezie. I sent it to all my family. Quote
Chuck Nessa Posted March 7, 2011 Report Posted March 7, 2011 I do want to say many local malls are full of humans, but vacant. Quote
GA Russell Posted March 7, 2011 Report Posted March 7, 2011 I bet the Taiwanese thought it was pretty funny. Quote
JSngry Posted March 7, 2011 Report Posted March 7, 2011 I do want to say many local malls are full of humans, but vacant. Quote
GA Russell Posted March 7, 2011 Report Posted March 7, 2011 By the way, I was in the retail shopping center business on the tenant's side years ago, and it struck me that they never mentioned the rent they are demanding. With only twelve occupancies, it's no wonder you don't see any shoppers. Quote
Stefan Wood Posted March 7, 2011 Report Posted March 7, 2011 My wife and I spent a week in Guangzhou on our final week of our honeymoon. It's a massive city, equal to if not greater than Hong Kong in population and size. We didn't go to this mall, but we went to a few newly built temples that are similar in scale. Amazing architecture; almost no people. There is a lot of overbuilding going on there, and not a lot of people with disposable incomes. Here's a picture from a newly built temple park near the city. Quote
Dan Gould Posted March 7, 2011 Report Posted March 7, 2011 And people wonder whether China might get into trouble with its own real estate bubble. Quote
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