What do people normally do to check if a building is facing a possibility of collapse in the near future? I don't think I've seen anyone poking around at most buildings I've occupied before to check for structural integrity.
I foresee collapsing buildings becoming more and more of an issue for fast erected buildings from the past 50 or so years
Slightly an aside but I believe that is part of the reason why leases in Singapore are often 99 years - because the government doesn't plan for them to last beyond then
Not anything this tall. Mid to high rises weren’t really possible until very recently historically speaking.
Also don’t forget that you’re literally hitting survivor bias here. Of course the old buildings still standing in Europe are the good construction, all of the others are gone.
Although the prevalence of old housing across the UK suggests (to me at least) that something systematic has changed. The fact that people can have an obsession with tudor, georgian, Victorian style housing tells me that things were built to last in a way that might be less true today.
As you say, the technology to build so high is a recent one, I note the Empire State Building is only 80 years old which is pretty young when compared against Notre Dame for example
Build new housing development
Sell all properties on it with 99 year leases
When 50 years to go on lease conduct on block sale (maybe developer pays)
Demolish and rebuild and restart 99 year lease cycle
This keeps construction industry active on scarce land resource
Keeps buildings fresh with latest materials and engineering principles
Gives property owners an exit on their 99 year lease so household wealth doesn't evaporate
Strategy folds when Singapore is no longer a desirable place to invest/build