Small "white elephant"

The term "white elephant" has become wildly used in recent years, it refers to any burn of projects that consider the cost more than the worth. A number of major project have been label as a white elephant. They included the Hong Kong Zhuhai Macau Bridge and the express railway to Guangzhou which are the construction cost balloon and completion date push back to the original plan, but these white elephants are not just confined to multi-billion dollars projects is everywhere community. Why is there such a situation?
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