Unfinished apartment building in Ulaanbaatar, Mongolia

An unfinished apartment in Ulaanbaatar's upscale Zaisan district.

 

There are hundreds of unfinished apartment buildings all over the Mongolian capital city. These are not meant to house the urban poor; they are mostly high-end apartment buildings, which in better times could be sold or rented at astronomical prices.

 

Read more at eapblog.worldbank.org

 

(Photo by Dave Lawrence)

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Taken on July 8, 2009