Kunming uncompleted residential flats, another happy city, is back to work. Why did it end badly?

Notice of street closure in Guandu District, Kunming, another happy city? On August 27th, the uncompleted residential flats on the 4th began to resume work. The government promised to complete the delivery by the end of 200211. House is the root of China people. Many people have been fighting for houses all their lives. More people buy houses with the help of the whole family. Only when you have your own house can you call it home, and it is a place where you can settle down. The auction house, because the price is slightly lower than the existing house, has many choices. Many people pay the down payment while repaying the loan.

Kunming Happiness City is an auction house. Due to the contract payment dispute between the developer and the construction party China Railway Construction Group, the developer misappropriated the funds of Happiness City to other places, and the capital chain was broken. Happiness city has not been completed from 20 15 to today. The developer is Kunming Jiadali Real Estate Development and Management Co., Ltd. When it won the land of Happiness City, its company was only a medium-sized real estate company. For such a big project, this is intentional, but it is powerful.

In the early years of Kunming, because of the city-building movement, the number of projects increased greatly, and some small and medium-sized real estate developers with weak strength poured in. In the rapid expansion, they encountered various risks such as operation, environmental protection, politics and commerce, which laid the foundation for the large-scale pre-sale of real estate. After five years in Happiness City, some owners finally had to move into another home because of economic pressure. For them, this unfinished building is their home. Although the house was empty, they moved in without hesitation. They had to repair the stairs, try to block the windows, close the elevator shaft, have no water and electricity, cook in shacks and be chased by wild dogs. They don't care. They are very comfortable in their own house, but not long ago, an owner got everything wet in his house because of the heavy rain. He took a video and sent it to a short video platform, which caused widespread concern. This is why this different happy city will attract the attention of local government departments and continue to build.