America:>All of the houses are quite literally made out of cardboard. >Property taxes for eternity or else they take your house, no compensation for the value of it at all.>Emeinent Domain, meaning for any reason the govt. can take your house to build a road through it or whatever. They are required to buy the house from you, but you cannot say no.China:>Concrete or stone construction.>Property is taxed one time every 99 years.>If the government wants your house they are required to buy it from you and you CAN say no (and it happens, they're called nail houses. They build around you.)
>>532581623it's so funny when people meme about chinese ghost cities, as if it's bad to build an abundance of apartment buildings when you have the time and resources
>>532581623implessive!
>>532581743it is you bumbling retard
>>532581623>Property is taxed one time every 99 years.It's a 100% tax.
>>532581776what?
>>532581623Well yes, homes have zero value when they will be bombed to dust soon (after we finish with Iran), so not a surprise people can buy them for lulz.
everyone I knew in the shanty town in J-burg owned their own homes too
>>532581623>China:>>Concrete or stone construction.
>>532581623>he posts this, thinking it's real
>>532582070
>>532581776It is if you use shitty non-durable construction, like they do in the US with stick framing.Steel and concrete doesn't decay when left unoccupied.You'll occasionally find old industrial buildings, century+ old, in the US that have been converted to residential use as condos or apartments.When someone moves out after decades, you can strip the unit to the steel and concrete frame and modernize it. Or just slap on another coat of paint, replace the carpet, and maybe update the appliances, like American slumlords.
>>532581623whats with all the china shill threadsthis is like the 10th one ive seen in a few daysjust super blatant and obviouswhat gives? did xing chong eat a bad boiled rat or something?
How many Holocaust museums and BBC porn studios go they have? America will ALWAYS be superior.
>>532582174
>>532582186see >>532582174
>>532582220chinks, jeets, yuros, they all hate what they can't be
>>532582070>>532582174These aren't even from China
>>532581623>china >tofu dreg construction made of finest wet cardboard>collapses before it's even fully builtTruly efficient, compressing a building's entire lifespan into a space of only a few months.
>>532581623Private property in different countries:Having a house in the US means you have a perpetual lease, but you still have to pay the authorities for the land.Having a house in China means you have a 70-year lease, but you still have to pay the authorities for the land.----------------Who else wants to talk about private property WHICH DOESN'T EXIST IN ANY FUCKING COUNTRY IN THE WORLD?
>>532581623>Property is taxed one time every 99 years.Pass on property to kids. Then grand kidsGreat grandkids can't pay to renew the 99 year leaseGovernment takes it back for freeSTONKS
>>532582507Which is unironically still nicer than the cosmetic facing you can find in the US.https://commomy.com/en-gb/products/grey-brick-peel-and-stick-tile-stickers
>>532582070>>532582174I am not even a pro chingchongs but I remember these were from an scandal which the chinese media exposed and the perpetrators were greatly punished so it never happens again. These are not even a representative of normal buildings.
>>532582186>Steel and concrete doesn't decay when left unoccupied.They do retard. You paint over them and keep repainting or else they corrode. Look at any abandoned post 19th century building and you see broken concrete with rebar poking everywhere.
>>532581623They actually have the opposite problem there.Here boomers have retirement funds, plus an expensive house. Boomers are loaded here.In China a house is a depreciating asset, and their boomers are fucked because they depend on their housing value to retire.
>>532582843The second one is non-structural cosmetic facing. You find it in the US, too, on some higher-end projects.
>>532581623The property taxes themselves are low too.
>>532581776Shut the fuck up jeet
>>532582884>you have to lock in the moisture to prevent corrosion>t. a maricon lrn2phosphorconcrete
>>532581623Houses in China are more expensive compared to their paychecks then in the West. If anything it just shows that Chinese millennials and zoomers are willing to get more predatory more gages and their parents are more willing to foot the bill.
>>532581623Trick scenario, the Chinese own a good chunk of American houses
>>53258162340 million chinamen still live in caves. https://www.youtube.com/watch?v=8gZzYWzzQ2g
>>532581623If China is so great, why are you posting with an American flag?
china's GDP per capita and all other metrics are much closer to shithole countries like thailand, philippines or india than they are to any wealthy western country or quality asian country like taiwan, korea or japan.china looks poor because it is poor. if the average person can only produce $12k of productivity in a year, there's gonna be a limit on how nice you can make your country.
>>532582806>cosmeticdumbo
>>532581623>communism>property rightsPick one
Don't tell me Zeihan lied. Are those people ever honest?
>>532583219Better than a $500K mcmansion built my mexicans.
>>532581623by definition there is no such thing as home "ownership" in china. you are leasing your home from the government for up to 70 years.
>>532581623>93% of people in china own their own homesgrandma chingchong bought the house cheap in the 80s and her kids and the grandkids all still all still live together in the same house (that how you get so many people living in a house that they own), because there's no way that any chink can buy at current prices.
americans will generally kneejerk attack any country that is better than america in some metric. it makes them seethe. like anybody here under 40 owns a house. and the ones that do, their parents pay for it for them. like a golemhaving a house for 99 years or whatever is a huge imrovement over not having one at all, which is most people under 40 in americai'm not even suggesting that china is a better place to live than america is. in some metrics, china does do better than america, and there's no excuse for why amerrica does poorly
>>532585508A bunch of working-age adults all sharing one domicile is how you get high "household income", too.
>>532585546>there's no excuse for why amerrica does poorlyJews.
>>532585497
>>532581623actually they dont own shit
>>532583219These people aren't even China, totally stateless children who were born over the 1 child policy limit
>>532581623based in China. Lazy white people will be replaced by Black people, and the Chinese, with their stronger work ethic, will unify Taiwan. Pathetic Americans. Dominated by Jews, with no exit strategy from Iran, they are pitifully begging the Revolutionary Guards for peace.
>>532585654>A bunch of working-age adults all sharing one domicile is how you get high "household income"indians in the usa having the highest household imcome. imagine the smell.
>>532581623China has condos, not houses. Owning a condo is the dumbest real estate decision you could make because big buildings have complex systems (elevators, fire suppression, steel structures) that cost millions to repair. Hoas will pass these fees on in the form of "special assessments" which can sometimes accumulate to being more expensive than the condo itself. A wooden American home on your own land is 1000x better because it will fail in simpler ways that are easier to fix and you own the land which won't depreciate like a condo.
>>53258162393% this is disgusting.Fucking communism!After iran, Greenland and Cuba,China is next!
>>532585770Yeah, capitalism is good!
>>532586307>(elevators, fire suppression, steel structures) that cost millions to repair. Hoas will pass these fees on in the form of "special assessments"in asia, people just dont pay. no maintenance gets done and shit just falls apart, when the elevator eventually stops working everyone just starts taking the stairs.https://youtu.be/_lAoTBVTTO8&t=180
>>532585508What they actually do is put a down payment on a condo that doesn't exist yet so they "own" a "home" (which only exists on paper), then the construction company is supposed to use all that pre-mortgage money to actually build the condo building and then the owners all move in or rent their unit out. What's actually happening is that they use the money from this project on who knows what, then use the money from the next project to half ass this project, and the next next project to finish the next one, until eventually they're so tangled in a web of robbed Peters and half-paid Pauls that they collapse into insolvency.
It's just that chinks suck more bbc than mutts
The housing situation is completely fucked everywherePoor fucks who believe numbers released by the chinese government deserve the future of slavery that's coming to you.
>>532581623CCP does not have to own the homes. They own the people that live in them.
>>5325816230% of people in China own their own homes. Land ownership is illegal there.
>>532581623
>>532581623>70 year 'lease'>Sub-Prime x10 ongoing>billions of unoccupied housing units
