Madness? This-is-CHINA!
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Wow whats the reasoning behind this
https://interestingengineering.com/culture/chinas-ghost-cities-and-its-65-million-empty-homes
No idea about these ones but videos of demolitions of "new" buildings in China pop up regularly.
In one case a while ago the developer went bankrupt before completing the buildings. They stood around unfinished for a long time and eventually had to be demolished because they were unusable.
In another case the developer used cheap materials and the buildings had to be demolished because they were structurally unsafe.
Here's an article describing China's massive ghost cities.
That's actually a good desciption. I remember when the housing bubble burst in Phoenix. I found a gas station and grocery store surrounded by empty houses.