Pitched ‘park views,’ these Chinese homebuyers got a plastic lake
Homebuyers promised “park views” in a new residential development were in for a shock on the weekend when they picked up the keys to their flats in the central Chinese city of Changsa. Imagine being pitched “high vegetation cover” and a “park lifestyle” only to discover a public area covered in a blue plastic material to look like a lake and a small timber bridge on pavement.  “So I’m supposed to be standing in the middle of blue water, which in fact doesn’t exist. There is no rock or plants,” one owner said, according to a report from Hunan Satellite TV’s City Channel from Sunday. Instead of grass, residents could “enjoy” a grass block paving, covered with yellow mud and dotted with wither
Apartment wanted: three bed, two bath, North Korean vista
For Chinese real estate speculators, the hottest investment these days is an apartment with a view of North Korea. The northeastern Chinese border city of Dandong, Liaoning province has seen home prices skyrocket in the past few weeks, as investors bet on a growing North Korean economy. Most of the trade between China and North Korea passes through Dandong, a small city that sits across the Yalu River from the impoverished North Korean city of Sinuiju. With peace talks starting between Pyongyang and Seoul, Chinese buyers are flocking to the trading hub to seize on what they believe to be a golden opportunity. Prices for new homes in the city’s New Zone surged from about $44 per square foot