No property tax by the way.
Communism works.
Let me guess: they don't really own it, it still belongs to the state or something.
>>532555250NUMBER 11 CRASH AND BURNCHINKS ON SUICIDE WATCHhttp://www.google.com/search?q=china+collapse
is there some kind of stipend for people to help with the anxiety and having to look the mirror and see a chink every day?
>>532555250Um in Canada and the US 93% of large finance corporations own homes. Think about that. That's what winning looks like.
>>532555250This is a very anti semitic post
>>532555358That's true for virtually every country on earth
Why are leftists so obsessed with home ownership? Most high home ownership rate countries in Jewrope are low GDP shitholes.
>>532555503You will own nothing and be happy!
93% of people in China own a theoretical home that may or may not be built and you have no idea what it looks like.
>>532555250>Over 93% of bug people own bug apartments that are worth less than they paidFTFY. Chinas housing market crashed hard. Apparently building ghost cities and unfinished apartments and luxury homes was supposed to lead to an economic boom according to bug-economics.
>>532555456Well if the Jews don't steal it, someone else will!
>>532555250How can there be property tax considering you lease the building while the state owned the land? There are literally not private ownership of land at all. And the buildings are leased in 70 year intervals and have to be renewed. Fucking retard. So ultimately there are no real home ownership of land ownership, even less real than it is in the US or here in Norway
>>532555250No one owns their homes in china, moron. Land cant be privately owned. Only leased. You can own the building though
>>532555250a condo isn't a home
>>532555250>>532555368>>532555503>>532556029They don't own shit.
>>532555250I hope picrel won't melt your rentoid brain
>>532555250>whataboutchina>American VPN samefag threadSounds like Americans are still losing airplanes at the Persian Gulf
>>532555358More like it doesn't actually exist. They buy theoretical property (apartments, condos, and houses) that haven't been built yet in developments that may or may not ever be made for the express purpose of being able to brag about owning property; meanwhile they rent the shittiest room you can imagine while making payments on it. It's like that "become a Scottish lord" scam but on a nationwide level.
>>532555250trueI have mainland boomer friendsit's the life of Reilly for them, my friendsconstantly traveling around, low expensesmedical very much improved in the last years alonetrue story
>>532557869>VPN >under a memeflagThank you for the audible laugh
>>532556134Pray tell, without crashing the fuck out, what the fuck the United States law of Eminent Domain that they have used on literally millions of homes already supposed to allow the American Government of America to do????
It's literally the only thing they can invest in and likely just an unfinished tofu dreg they still need to pay mortgage for LUL
>>532555250The Chinese lease their properties. They don't own shit
>>532555351Building low income housing works.
>>532562073ThisThey are renting
>>532555351Just don't critisize government on WeChat and everything will be fineProbably
>>532555250>>532555358A majority of those home owners own the home as an investment. A majority of those homes, however, are unfinished. And when the company who is building those homes goes bankrupt, the people are left with their entire investment evaporated.
>>532555250Home pictured.
>>532555250Nobody in China owns anything. Nobody in China is free. If you can't say FUCK XI XINPING in public, you aren't free.
>>532555456carney owns the landyou own the buildingyou can be commanded to remove it at any timeit's that fee simple
>>532562483This was true before the government shut down evergrande, built the homes anyway and forced the company owners to pay for it
>>532561854At least we get reasonably compensated. Chinks aren't even owed that.
>>532555456Correct, property is only what you can defend. Government exists to defend it for you, that's what you pay for. But paying government their due to NOT owning anything... just means you're getting raped (in the butt).
>>532555250300,000,000 people in china don't even live in manmade structures so this is 100% bullshit like everything about china. they're as fucked up and worthless as everyone else
>>532558319Source: your dog semen filled anus
>>532555250but at what cost?!?!
>>532555358It's not a home, it's a shitty little 30 square meter apartment flat. Hong chong and his wife get to live there with his mother in law, their one allowed child, and their uncle who is unemployed and 50
>>532555886>>532555897We have leasehold property in the yookay too.Its actually more common for property here to be leasehold than freehold.
>>532562873What happened to all those chingchong niggers holding evergrande mortgages for homes that will never be built?
>>532555503memeflags exist on /pol/ to hide the star of satanaccess to the fraternity of landownership is on par with LIFE & LIBERTY.anyone who says contrary deserves the guillotine.
>>532555250It's probably some bullshit law like when you rent It's considered you own it
>>532555503This is a map of non-immigrant population %
>>532563160it's only calculating for the 50,000,000 CCP member Chinese, and not for the other 500,000,000 non-party members which not considered citizens or people.also, the population of China (like more nations) are inflated by half.
>>532562670>property tax>eminent domain>asset forfeituremy brother in christ our shit stinks too
eey lai pong ting sar sure.
>>532555250>Own your home>in a country where there is no private property
>>532563018Yeah. My friend who lives in China is currently looking for an apartment to rent and they're all uninhabitable by western standards. There are a few constants that stand out to me in every apartment I've been shown:>Bedrooms are so small that three sides of the bed are touching the wall>Kitchens don't have enough space for a refrigerator>Showers don't have screen doors or curtainsWill post some example pics in a minute.
>>532555250They dont own shit.
>>532563018That's still better than most apartments or rentals in America
>>532555721It was just a scheme to juice their GDP numbers.
>>532555250>>532555358>>532555651>>532555721>>532555886>>532556134>>532562483>>532562073>>532563160>>532563475The actual stat is over 90% of FAMILIES/HOUSEHOLDS own their own home.That is not the same thing as John Smith the 18-year-old getting kicked out of his parents' home and smokes weed owning his own home by himself. This is not common in China and not what this statistic reflects.Chinese people don't have the same culture and family arrangements as Americans and Western/North Europeans.https://pmc.ncbi.nlm.nih.gov/articles/PMC7546956/>Today China is a country of homeowners with more than 90% of households owning homes (87% in urban and 96% in rural China)https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes/>In fact, 90% of families in the country own their home, giving China one of the highest home ownership rates in the world.If you compared home ownership by total adults, regardless who they live with, they would have roughly the same home ownership rates as Westerners. It's just that they're not rentcucks, their parents support them (and children are expected to support their parents, there are no "retirement homes").
>>532562670You don't own anything either and the IRS will force a seizure and you won't win in a rigged court. The only thing that America have over Chinese is 1st and 2nd amendment and that's being chipped away at. Your not looking to hot.
>>532555250In a lot of places in the US it would make more sense to just lose the house after the grant is up than pay property taxes on it forever
>>532555351Rather society ruled outside of jewish domination works.
>>532555250It's easy when it's literally just a concrete box.>>532555358All land belongs to the government. You're allowed to purchase the right to place your concrete box apartment on the land for a limited period of time. The government can demand more money from you to renew that lease, and the government can terminate that lease at any time that it wants to (even just a few months after you got it).There were some famous abuses of that government power about a decade ago when the local CCP apparatchiks decided they wanted to site a lead-acid car battery plant on top of a bunch of farm fields. The farmers had no recourse, and the battery plant was dumping toxic lead-tainted waste all over the other nearby fields that the battery plant wasn't physically sitting on. Anyway, who cares if all the plants grown are chock full of lead, right?
>>532555351China is more capitalist than America is.
>>532556248I dont own a house and likely never will
>>532562873Cry about it into your rice bowl, chinky.
>>532563018sounds a lot like what most young adults who don't own homes in America (i.e. most Americans) live in kek
>>532555351Care to explain what part of "owning property" is communism?
>>532555250i find this hard to believe, it would mean that married couples own 2 houses and even their kids would own houses too. even the people that rent apartments in the city, own a house somewhere
>>532563441You're brown
>>532555250False. The state owns all land, they only lease it. Even if you don't have to pay rent on your apartment, you don't actually "own" it which is something people in cities learn all the time when the building their fancy condo or penthouse is in gets sold to a new developer that wants to tear it down and build something else. At best they can get a stipend and sent on their way, homeless and hoping to land on their feet before reality catches up to them.
>>532555358yea, the government leases the homes for 75 years.
>>532555250>No property tax by the way.That’s because they don’t own the property.
>>532555250Same thread: >>532562650How do we stop shitskins and commies from shitting up our board?
>>532564164>when it's literally just a concrete box.do you prefer it to be cardboard or something? kek
>>532555250>own>5 people in 500 sq foot apartments>alternatively in literal dirt homes like africansouch
>>532555351>thread about property ownership>>MUH COMMUNISMreal smart
>>532556134If I don't pay the property taxes on my house, the state will seize all my shit.
>>532564717He literally, unironically does and is incredibly smug about how superior it would be if it was. You THINK that you understand how dumb Americans are but you REALLY dont.
>>532563312Turkey is the exception
>>532555358>>532555886>>532562073>>532562278Why are you replying to your own thread with retarded and projecting Ameroid bugman copium on a VPN?
>>532555358>build entire ghost tofu cities they never show to the public, except for curated shots>assign plots to citizen#789023-4234238>every citizen now 'owns' their own home!
>>532555358In Canada and USA you either pay rent to your landlord or pay rent to your government. You dont truly actually "own" your land, as in its yours and you dont owe anyone anything for it. This economic state is just described is impossible.
>>532567290>or pay rent to your government.Property tax is not rent to the government.
>>532555250Everybody's a winner over there
>>532564164>It's easy when it's literally just a concrete box. I mean I'd be happy with a decent sized shed with insulation, a kitchen and a bathroom.>shed, $20,000>insulation and fitout, another $20,000>..>consent process, $47,000>lawyers etc, $15,000>a quarter acre within 2 hours of work, $380,000..yeah
>>532567993oh. what happens if you stop paying it?