BigBoopPaul [he/him] to Main • 4 years agoWhat's the deal with real estate in China? If the state plans to abolish private property, do citizens not pay for nicer homes, invest, or have market value?message-squaremessage-square23 fedilinkarrow-up120file-text
arrow-up120message-squareWhat's the deal with real estate in China? If the state plans to abolish private property, do citizens not pay for nicer homes, invest, or have market value?BigBoopPaul [he/him] to Main • 4 years agomessage-square23 Commentsfedilinkfile-text
minus-squareJ_Edbear_Hoover [she/her]hexbear14·4 years ago90% of people in China own their homes, it's kind of apples and oranges compared to the west, where around only 60% do. link
minus-squareJ_Edbear_Hoover [she/her]hexbear1·4 years agohttps://en.m.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate link
minus-squareJ_Edbear_Hoover [she/her]hexbear2·4 years ago89.57% of housing units in China are occupied by the owner of said unit, seems pretty straightforward to me. link
minus-squareJ_Edbear_Hoover [she/her]hexbear1·4 years agoWho said anything about "anecdotally"? I posted a link to the statistics in another comment. The arrogance on this site is becoming tiresome. link
minus-squareJ_Edbear_Hoover [she/her]hexbear2·4 years agoIt wasn't broken a year ago when I first came across the article. And assuming something as anecdotal because it doesn't fit your worldview is the epitome of arrogance. link
minus-squareJ_Edbear_Hoover [she/her]hexbear8·4 years agoHere is a link to a more in depth article, written by Chinese, in a peer reviewed publication with working citations that says the exact same thing. https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7546956/#:~:text=Today%20China%20is%20a%20country,et%20al.%2C%202020). link
90% of people in China own their homes, it's kind of apples and oranges compared to the west, where around only 60% do.
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https://en.m.wikipedia.org/wiki/List_of_countries_by_home_ownership_rate
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89.57% of housing units in China are occupied by the owner of said unit, seems pretty straightforward to me.
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Who said anything about "anecdotally"? I posted a link to the statistics in another comment. The arrogance on this site is becoming tiresome.
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It wasn't broken a year ago when I first came across the article. And assuming something as anecdotal because it doesn't fit your worldview is the epitome of arrogance.
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Here is a link to a more in depth article, written by Chinese, in a peer reviewed publication with working citations that says the exact same thing.
https://www.ncbi.nlm.nih.gov/pmc/articles/PMC7546956/#:~:text=Today%20China%20is%20a%20country,et%20al.%2C%202020).