China has a ‘ghost town of abandoned mansions’

China had an inflation rate of -0.4% in August 2025

As opposed to other G20 countries that are largely struggling with high inflation rates, China is facing deflation. Sluggish growth in the country's once booming real estate market is just one glimpse into the consumer slowdown triggering deflation.

Take a 360-degree look inside Hong Kong's coffin homes

Hong Kong's lack of affordable housing is forcing hundreds of thousands of residents to live in "coffin homes" — a tiny partitioned apartment that is about the size of a coffin. Experience life inside a coffin home through this 360 VR video.

'Ghost towns' are rarely known for ghost sightings

Instead, they're places an industry has abandoned, leaving many of the town's buildings decrepit and abandoned. That doesn't mean they're completely empty; some folks prefer the pace and look of ghost towns, which often lean into their Old West aesthetics. The Vox documentary explores ghost towns in Nevada, which is home to more than 600.

The massive sinkholes of China

Parts of China's limestone-rich terrain is fertile ground for massive caves, where some of the world's largest sinkholes are located. Hidden away in dense, lush forests, geologists are frequently discovering new sinkholes to explore. This piece...

An exploration of the life and death of US malls

American malls sought to recreate the cohesion of a downtown shopping center but with the indoor, quiet convenience of a rural or suburban setting. First developed in the 1950s, malls quickly took off and became the spine of American retail shopping. In the last two decades, online retail has forced many to close, leaving behind peculiar, vast abandoned spaces. Pick through the stark nostalgia with this fascinating photo essay.

The architectural evolution of New York City's Chinatown

Cityscapes continuously evolve, and each stage in their transformation tells a unique story. In Manhattan's Chinatown from the 1940s to today, the architecture has bloomed from an ethnic conclave for often mistreated migrants to a vibrant cultural hub today. See varying elevations and facades over time.

Charting the rise of the American McMansion

US homes are growing larger and more luxurious, with Census Bureau data revealing a rise in four-bedroom houses equipped with air conditioning. Experts say the trend of elevated home prices is expected to continue.

Between 2007 and 2009, the housing market saw its most significant downturn since the Great Depression: the Great Recession

The early 2000s were a prosperous period for the housing market, until some lending practices eventually destabilized it, leading to banks collapsing and people losing their homes.

Shenzhen, China is known as the 'Silicon Valley of Hardware'

The "Silicon Valley of Hardware" is a major manufacturing hub. This WIRED documentary from 2016 does a deep dive into how this Chinese city's practice of copycat manufacturing alongside its innovative culture has made it China's own Silicon Valley.

At one point, the land underneath the Imperial Palace in Japan was reportedly worth more than California

Before Japan's economy crashed and sent the country into two decades of deep deflation, the real estate market was experiencing euphoric highs. The Imperial Palace never actually went on the market, so it's difficult to actually compare the value to California.

1970s New York was viewed by many as a city in decline

By 1975, the city owed $5B to $6B in short-term debt; over a million manufacturing jobs had left the city since the end of World War II. Meanwhile, the murder rate was more than double than 10 years earlier. Graffiti was seen as illegal vandalism perpetrated by unsupervised teenagers and was viewed by some as emblematic of the larger societal decline.

China's National Sword policy banned imports of most recyclable materials

In 2018, China stopped accepting most of the world's recyclables. This highlighted how dependent the US recycling system was on a single foreign buyer and forced cities to landfill materials they had once diverted.

China developed an artificial closed ecosystem in preparation for a future lunar base

Yuegong-1, also known as Moon Palace 1, was a Beijing facility where volunteers simulated life on a colony and conducted experiments on bioregenerative life support systems to assess their viability in an off-Earth environment. The longest experiment at the 0.04-acre facility lasted 370 days.

Chinese citizens express both support and frustration toward smart city surveillance

Although surveillance is viewed as necessary for enhancing morality and enforcing regulations, many citizens adopt mental tactics to distance themselves from it. Surveillance is linked to China's historical "century of humiliation," following the Opium Wars and Japanese invasion.

The billion-dollar ghost town in Baltimore

As a Rust Belt city looking to revitalize its economic core, Baltimore, Maryland, sought big investments from developers and municipalities. The so-called Baltimore Peninsula is a billion-dollar neighborhood in south Baltimore initially prompted by the investment of Under Armour CEO Kevin Plank. In 2025, the glossy, grand urban neighborhood is still empty, with fully-built condos and retail spaces.

Fracking brought short-term wealth and long-term collapse to Rock Springs, Wyoming

In the early 2000s, the fracking boom transformed the quiet mining town into a hub of oil field laborers with plentiful job opportunities. Once the boom faded and industry left, unaffordable housing, unsafe working conditions, and drug epidemics left many residents with no prospects amid a disappearing way of life.

Herd behavior is one cause of economic bubbles

A video breaks down the core forces behind economic bubbles, illustrating how forces including cheap credit, soaring optimism, and feedback loops push asset prices far beyond fundamentals—until a single shock triggers panic, selling and a rapid collapse.

How did China go from an empire to a republic?

In the 1800s, as China's economy was in flux, foreign imperialist powers began appearing on the horizon, leading China to lose land and influence in the region. This 48-minute podcast episode explores how this destabilization set the stage for the...

Watch a North Carolina house collapse into the ocean

While the Outer Banks experiences beach erosion, rip currents and overwash from a nor’easter along the coast, a seaside house in Rodanthe collapsed Tuesday.

US housing costs have risen by roughly 175% between 1991 and 2026—but a growing number of Gen Zers are becoming homeowners anyway. In 2025, 4% of homebuyers were Gen Z, up from 3% the year before.

View a photo essay of renewable power landscapes in China

Using a drone, Chinese photographer Weimin Chu captured the deployment of solar and wind power installations across the country, which accounted for half of all global installations in 2025. The images show modern infrastructure juxtaposed with natural landscapes and was featured in an award-winning exhibition presented by Greenpeace in 2025.

Singapore grew its homeownership rate from 27% to 90% in less than 30 years

That progress stemmed from Singapore's founding prime minister, Lee Kuan Yew. He used a three-pronged approach to the homeownership solution: create affordable housing; make financing readily available to people of all walks of life; and help people gather down payments.

COVID-19 disruptions revived ancient chinampa farming in Mexico City

When the pandemic disrupted food supply chains, chinamperos—farmers who cultivate the Aztec-era “floating gardens” built atop shallow lakebeds—shifted to direct sales in the city, boosting their visibility and reconnecting residents with a longstanding local agricultural tradition.

One filmmaker turned an abandoned high school into a film studio

In 2017, Jeremy Garelick purchased a vacant school in Liverpool, New York, and turned it into a comedy production studio aimed at social media. The gambit has been successful, with the studio's two TikTok accounts earning over 1M combined followers.

Switzerland's household debt totals 125% of its GDP

Switzerland, Australia, and Canada are among the countries with the highest household debt in the world. This debt typically includes mortgages, automotive loans, credit card debt, and personal loans.

The collapse of Archegos Capital Management drew scrutiny to family offices

Archegos, which managed the assets of Bill Hwang, wasn’t subject to the same oversight as traditional investment firms when it collapsed.

Frank Lloyd Wright's houses are historically hard to sell because they're old, subject to local landmark commissions, and often unfashionable

Massive 3D printers have been used to build homes by stacking layers of 'concrete toothpaste,' a fire-resistant material that effectively insulates against outside noise.

In 1963, a basement renovation in Turkey revealed a passageway to a hidden, multilevel underground city that once housed as many as 20,000 people

Watch this video that uses Lego bricks to explain how venture capital works.

In its famous catalog, Sears sold $600 DIY house kits from 1908 through the 1940s, resulting in an estimated 100,000 'Sears and Roebuck homes.'

US consumers collectively owe more than $1T to credit card companies—almost as much as they owe in auto loans.

In 2009, the nation was gripped by the story of a missing young boy who was believed to be floating over Colorado in a homemade balloon, until it was revealed that he was at home the whole time.

Discover the catastrophic consequences of a failure of the US electrical grid—something that is more likely than many Americans think.

The identity of the Tank Man in the iconic photo from the 1989 Tiananmen Square protests remains unknown and was possibly killed.

NBA superstar Victor Wembanyama spent the 2025 summer training with monks in central China to enhance his body and mind.

A vending machine run with Anthropic's AI went out of business after it was convinced to give away items for free and sell a video game console.

Apollo astronauts left items in the moon's 'toss zone,' including golf balls, family photos, and bags of human waste, to make room for lunar rocks.

See 33 images that became central to huge scandals, including a young Charles and Camilla, Michael Jackson's baby on a hotel balcony, and Hugh Grant's mugshot.

In 2019, a laptop loaded with six of the worst malware in history and described as 'an exhibit of historical weaponry' sold for $1.3M.

Some researchers have labeled nomophobia, the fear of being without your phone, as 'the phobia of the 21st century.'

Explore an interactive map built from more than 100,000 survey responses on where people find joy in their lives

A Yale student wrote a profound essay about the consulting industry's influence on elite college students that was published in a book of her writing after she died in a post-graduation car accident.

Netflix profits when you're not watching, and its movies are designed that way—read a detail-rich critical essay exposing lesser-known Netflix takes

Most of the observable universe's volume consists of voids and supervoids—enormous regions of space with little to no galaxies, stars, or light.

Domino's Pizza's 30-minute delivery guarantee was responsible for the chain's 1980s surge, but it was discontinued after the company was found liable for delivery driver accidents.

Learn more about the history of fireworks, which dates back to an accidental invention during an alchemist's quest for information about immortality.

Hotels in Cannes, the glamorous city on the French Riviera, hire hawks to ward off seagulls during the city's famous film festival.

Louisiana's 'Cancer Alley' is infamous for having some of the highest industrial pollution, toxic air emissions, and cancer risks in the US.

Alzheimer's can lead to brain shrinkage, with an average of around 2% of volume reduction per year