I’m sorry, it is sad and strange but I do love skyscrapers and I will go along when the queues lessen a bit (about 2018 probably) to enjoy the view of Tokyo from 634 metres. I am very busy at the moment and cannot get along to update my stock images of the Tokyo Sky Tree at my archive here.
Construction work on the 634 metre Tokyo Sky Tree finished on Wednesday apparently. This amazing building will open in May and they are now putting finishing touches to the interior in preparation.
It is the tallest tower in the World and the second tallest building of any kind. It is also a regular stock seller for me. The most popular image is the one above but I have many more images of the Tokyo Sky Trre at my archive here.
OK shameless self promotion over.
According to a recent report by Barcley’s Capital, there has been a “unhealthy correlation” between the building of skyscrapers and subsequent economic collapse. Building bubbles, according to the report, occur at times of easy credit, high land prices and inflated optimism. These conditions, unfortunately, appear not to continue for the period of time needed to finish construction and these monuments to wealth and hubris have historically ended-up towering over ruined economies as a jarring reminder of good-times now gone. The report does not suggest that the building of such towers is the cause of the following economic woes and indeed seems to suggest that they are more of a symptom of short-sightedness. To my mind the connection is tenuous at best because people will always celebrate wealth with such constructions even though wealth routinely disappears shortly after it reaches a level worth celebrating.
The correlation diminishes further when you consider that Sky Tree in Tokyo, (above) which is very near completion now and is the tallest tower in the world, has been built during a twenty year economic slump. If the report is right Japan can now expect to see even more finacial hardships yet it is hard to see how the Japanese economy could get worse.
Of course the Yen is strong now, hurting exports and the aging demographics and shrinking population are seriously going to affect the long-term future of industries and society in this country so it is possible. The last great, over-confident tower the Japanese built in Tokyo: the Tokyo Metropolitan Government Building or TMG (see archive of images of the TMG here) was finished in 1991 just as the bubble burst, so you never know, it could happen again.
Let’s hope not though as I do love skyscrapers as I said before .
Basically this was just an excuse to link stock images of Tokyo Sky Ttree from my archive but does make you think a bit.