How a $155 billion ‘eco-paradise’ fell short of its promise
- Posted on August 1, 2025
- By The Sydney Morning Herald
- 1 Views
How a $155 billion ‘eco-paradise’ fell short of its promise
Forest City stands as a testament to rapacious ambition, cheap credit and blind faith in the appeal of “build it and they will come”. It didn’t anticipate the collapse of the Chinese property market.
