A huge area of land devoted to the construction of a theme park and an electric vehicle manufacturing unit stands empty. Yet, these were just some of the projects undertaken by China’s Evergrande Group, a company that now faces the threat of survival.
In mega-cities like New York and Los Angeles, housing has reached absurd price levels. Recently, a rotation out of urban sprawls into suburban neighborhoods has taken place. For Cal students, they must decide whether or not to stay in the confines of high-cost cities post-graduation.
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