白浆领主@mander.xyz to Memes@lemmy.mlEnglish · 8 个月前What is renting?imagemessage-square110linkfedilinkarrow-up1217arrow-down158
arrow-up1159arrow-down1imageWhat is renting?白浆领主@mander.xyz to Memes@lemmy.mlEnglish · 8 个月前message-square110linkfedilink
minus-squareKindness is Punk@lemmy.calinkfedilinkarrow-up23arrow-down4·edit-28 个月前Doesn’t China have an issue with 65 million of their homes sitting empty which belong to people with no intention to ever move in? It’s my understanding that owning a home in China is seen as social leverage so people buy homes that don’t even benefit their lives. This isn’t too be a pessimist, I do think China’s rising middle class is much better off than it has ever been. I just don’t idealize their housing.
minus-squareCowbee [he/they]@lemmy.mllinkfedilinkarrow-up46arrow-down1·8 个月前There was a problem with using housing as an investment vehicle, yes, though the state took action against that, destroying the “market” for balooning housing prices.
minus-squareKindness is Punk@lemmy.calinkfedilinkarrow-up7arrow-down1·8 个月前How did they deflate the market? So it wasn’t social pressure but rather economic pressure that led to it?
minus-squareCowbee [he/they]@lemmy.mllinkfedilinkarrow-up47arrow-down1·8 个月前“Houses are for living, not for speculation.” The state implemented strong controls on credit and to curb debt in the property sector. Strong positions against real estate investment.
Doesn’t China have an issue with 65 million of their homes sitting empty which belong to people with no intention to ever move in?
It’s my understanding that owning a home in China is seen as social leverage so people buy homes that don’t even benefit their lives.
This isn’t too be a pessimist, I do think China’s rising middle class is much better off than it has ever been. I just don’t idealize their housing.
There was a problem with using housing as an investment vehicle, yes, though the state took action against that, destroying the “market” for balooning housing prices.
How did they deflate the market? So it wasn’t social pressure but rather economic pressure that led to it?
“Houses are for living, not for speculation.”
The state implemented strong controls on credit and to curb debt in the property sector. Strong positions against real estate investment.