schizoidman@lemmy.zip to World News@lemmy.worldEnglish · 2 months agoChina's new home prices fall at fastest pace in 11 monthswww.reuters.comexternal-linkmessage-square11linkfedilinkarrow-up149arrow-down13file-text
arrow-up146arrow-down1external-linkChina's new home prices fall at fastest pace in 11 monthswww.reuters.comschizoidman@lemmy.zip to World News@lemmy.worldEnglish · 2 months agomessage-square11linkfedilinkfile-text
minus-squareMuskyMelon@lemmy.worldlinkfedilinkEnglisharrow-up9arrow-down4·2 months agoPeople forget that China is communistic in social policies so low new home prices so that people can afford homes is good, even at the lower profits for the developers. You could say that China is anti-oligarchy.
minus-squareklammeraffe@lemmy.cafeBannedlinkfedilinkEnglisharrow-up5arrow-down8·2 months agoThey fall because no one can afford them because they have huge unemployment problems
minus-squareFerrous@lemmy.mllinkfedilinkEnglisharrow-up11arrow-down3·2 months agoChina has a homeownership rate somehwere between 90% and 96%. Cope harder.
People forget that China is communistic in social policies so low new home prices so that people can afford homes is good, even at the lower profits for the developers.
You could say that China is anti-oligarchy.
They fall because no one can afford them because they have huge unemployment problems
China has a homeownership rate somehwere between 90% and 96%. Cope harder.