The Never Ending Race to Build High

People don’t realize the skyscraper is gonna be obsolete, they’re not built to accommodate the boom and bust cycles of real estate. This is best summed up in places like Dubai where highrise construction has broke record pace, I’ve seen them many of them are virtually empty. What do you expect when the heat where it costs as much as 1,000 a month just to air condition your condo and they’ve saturated the market with too many highrises. Burj Khalifa is half empty. rents in the Burj Khalifa plummeted 40% some ten months after its opening. For thousands of years the pyramids at Giza, Egypt were the tallest man made structure in the world; So I guess the Middle east is building glittering highrises to recapture that glory and to hopefully attract people to reassure them not to fear the hazards of radical Islam. And China is doing it cause to not to means sending millions of Chinese either back to the collectivist farms or the Nike factories.