You mean that’s not what Western media is accentuating about what some citizens are saying? China has a billion people with home ownerships rates that high. But even that high, it’s still millions of people who don’t own their homes, and most of them are in the big cities. It’s not hard to find people who will complain about the cost of housing so you can write a news article that pretends that this is a problem for all citizens.
It’s not. It’s far and away a better situation in China than in the US.
Well if your data is coming from the Chinese government it’s not trustworthy either. I notice you’re providing a lot of statistics without sources. I think that’s because you know nobody is going to believe those incredible numbers if they come from the CCP.
You do that by building housing whether it’s going to make a bunch of money or not. Which means the government has to do it.
Like what China did
Yeah, that’s not what China did. They tried to manufacture demand. If you wanted to make housing affordable for all you build where there’s demand.
The large majority of Chinese ghost cities became populated, because that’s how long term planning works
While that may be true, though I don’t know, I do know that they didn’t fix the cost of housing in their country.
They have a nationwide homeownership rate between 90% and 95%. I think they’re doing just fine.
That’s not what the citizens are saying.
You mean that’s not what Western media is accentuating about what some citizens are saying? China has a billion people with home ownerships rates that high. But even that high, it’s still millions of people who don’t own their homes, and most of them are in the big cities. It’s not hard to find people who will complain about the cost of housing so you can write a news article that pretends that this is a problem for all citizens.
It’s not. It’s far and away a better situation in China than in the US.
Well if your data is coming from the Chinese government it’s not trustworthy either. I notice you’re providing a lot of statistics without sources. I think that’s because you know nobody is going to believe those incredible numbers if they come from the CCP.
Even Singapore, which neoliberals place at the top of economic freedom but will call public housing policies communism anyway