this post was submitted on 22 Dec 2024
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Home ownership rates by country (lemmy.ml)
submitted 2 weeks ago by dessalines@lemmy.ml to c/socialism@lemmy.ml
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[–] pbbananaman@lemmy.world 4 points 2 weeks ago

The downvotes without comments to support the criticism speaks volumes.

I think people here have this dream picture of China or something but that country seems to get the shit end of both sticks when it comes to housing. Expensive housing driven by a capitalist development framework and no guarantees to support to investment into the real estate you buy. That’s why Chinese citizens with money actually invest in real estate outside of China.