Imagine if the price of new houses in your country fell by 40%, hitting lows of 20 years ago.This is fucking disgusting.China is collapsing in real time.There may be no recovery for this.
>>538085497Based China. Stay winning.
>>538085497its an issue if they are used as investment instead of living spaces. its like a massive stock market crash in the west in the way that it fucks up peoples savings
>>538085497this is a natural result of population die off. China has a gigantic population boom, took drastic measures to drop the population, and now we are seeing the results. Economics 101, supply vs. demand. The supply of homes is skyrocketing as population dies off.
>>538085497Good. I will move to China soon.Will get myself a small flat that I will own after a few years.
>>538085497So you're saying chinks can afford to buy homes an start families. That sounds terrible.
>>538085922This isn't true at all. Croatia's house prices rose 138% in the past 10 years, despite the population dropping. This is despite Croatia's population dropping 300k, or 8% of the entire population in that span of time.
>>538085497>number up>muttoids scream bubble>number down>muttoids scream collapse
>>538085497This is like saying cheap cars will destroy the economy
>>538086018> That sounds terribleIts always a matter of perspective.One mans DOW crash and loss of his pension fund is another Jews billion Dollar profit.
didn't china tank the price intentionally so Millenials could start families?
>>538085497>introduce one child policy for decades>nurture the ultra nationalistic culture of shitting on any other race/nationality and superiority of China with surveillance state, so not a single person worldwide even wants to study/work in china>have a retarded custom of families buying out multiple homes/apartments as a capital, not even for renting or their future kids, just to stay empty>construction companies take infinite loans to build ghost cities so that chink families can buy their 5th apartment that will stay empty, and with financing so tight that any small change will make them default on debt>construction companies go bust with covid fluctuation, Chinese gov needs to bail out banks that lent the money to avoid total collapse, construction companies go bankrupt>chink fertility is like one of the lowest in the world now, no one to buy 10th empty apartment in a ghost city
>>538086224Trump is 100% right. This is why America's economy is soaring, the hottest its ever been, in Trump's words, while China's economy is collapsing.
>>538086155It's only "bad" because the only people who bother voting are 50+ cunts who own at least one property and have no other investments.Pretty much everyone under 50, half the people over 50 and every decent economist agrees affordable housing is second only to affordable energy for actually getting an economy pumping.>oh people can afford to live near jobs again!>people suddenly want to go to work because it doesn't seem pointless anymore!I know I'm not alone in having a semi-decent career that I've basically kept on life support doing minimum hours for years because what's the fucking point of earning another 20k a year when houses are a million fucking dollars and I already own a car.
>>538086053Same shit happening in Serbia, I would need a down payment of 50k$ and a monthly payment of 1500$ for 30 years to afford the smallest condo in a not too remote location. For the same price you can literally buy a condo or a small house in Miami or other US cities.
>>538085497chink government convinced people to pump their life savings into realestate to prop up CCP's builder mates, and now all their houses have have tanked in value and they're left paying mortgages that arer 3X the value of the houseall my chink mates are absolutely fucking seething LMFAOfyi, if this was actually a good thing, none of you wumao cunts would be flying western flags, you'd be back in china, instead you're in the west trying to get your money out of china as fast as fucking possible
>>538086471Yeah, I just brought up Croatia as an example because I was talking to a Croatian girl not too long ago about homes there. They were basically very small too.Population doesn't have anything to do with home prices.Places with dwindling population, such as Latvia, Lithuanian, etc, all have housing prices soar despite population dropping off extremely quickly.
>>538086053Moron, croatia real state is international amyone can buy it, not the case with china
>>538086626In Serbia population dropped by 10% in just 10 years, they build around 30-40k condos per year and somehow magically the prices go up 4-5% a year. This means that prices go up by 10-15k euros per year on average, while 60% of workers don't even more than this per year. I'm currently renting but will soon move back in with my parents.
>>538085497Nooo think of all the boomers who had all their wealth in real estate :((((
>>538086574the economy in your shithole country is collapsing jew
>>538085497Venezuela collapsed in real time also.
>>538086779>memeflag>calling others a jewSides in fucking orbit cunt.Let me guess, you're another wumao hiding behind a western flag because you don't practice what you screech?I wish china all the best mate because it's third world immigration from countries like china and india that have fucked Australia. Our housing prices are fucked because quality of life in china is shit and they want something better.Pretty much all the problems we have in Aus are rooted in third world immigration, if their countries weren't such shitholes that people wanted to flee we wouldn't have the problems we do.So cope, seethe, dialate, blow torch a dog, but don't pretend like the west isn't full of millions of chinks who talk openly and honestly about the state of things in china with us.You can't wumo and ccp secret police your way out of reality mate.
>>538085497At that rate everyone there will be able to afford an own house. Fucking disgusting and highly antisemitic.
>>538085497This would be good if most of the cheap houses weren't tofu dreg on unfinished.
>>538087324>*burns down the house so nobody can live there*>*also collect insurance payout that's worth more than the house + 50 years of rent*What now?These New York landCHADS aren't the wealthiest people in the city for no reason.
>>538087432>What now?Get jailed for insurance fraud.
>>538085497china actually builds housing to the point its actually afforadbleaverage westbot: OMG CHINA COLLAPSING!
>>538087545>accidently collapse the housing market>it was planned I swear
>>538087538>*gets pardoned*What now?
>>538085497
>>538086574The CCP didnt encourage people to invest in property, people did it because for a long time because it was the most practical way to invest money for average people and many CCP cadres became wealthy and influential through the money they created from the property market. But the writing has been on the wall for over a decade that the property bubble would either burst or deflate so anyone who pumped money into real-estate after 2017 over there is actually retarded.This is part of a larger global megatrend where traditional engines of wealth generation like property and finance are beginning to be eclipsed by tech and a new class of millionaires and billionaires are challenging the status quo for power and influence in governments, including China's. Xi is all in on the the tech lead model and actively purging remnants of the party who built their powerbase around property driven financing. The three redlines push in 2020 was a direct assault on the property barons class within the CCPAlso, a majority of Chinese who moved to the west are retarded goy who genuinely believed in globohomo gimmicks and jewish tricks who are now realizing they unironically shouldve just stayed in China. The rich ones migrating now days are almost all just sexual degenerates and pedophiles.
>>538087850Resurrect hitler to finish the job.
Ohh noo..It would save the economy..
>>538087595>its collapsingsource?>its real in my mindokay USAID funded bot
>>538087927>>538087545everything is collapsing!!-us funded botsmeanwhile in reality https://www.globalpropertyguide.com/asia/china/price-history
>>538087875>The CCP didnt encourage people to invest in property,
>>538085497Yeah Imagine if the price of the new house you built 12 months ago fell in price below what you paid for it. That would be pretty based right? Then imagine it happening to everyone in the country at the same time. So soooo based.
>>538085497they lose 8 million people annualy, maybe if you stopped importing infinite jeets you would've had cheaper houses in canada too
That is good news because investing in residential property is evil
So when are you guys all moving to China to get in on some of that affordable housing and their famous work/life balance? Why sit around on social media bitching all day when the workers paradise awaits you?
>>538086242Yeah basically.
>>538086471That's good, what happens in China is bad.It's like the free commie apartments, disgusting
>>538088162https://en.wikipedia.org/wiki/Houses_are_for_living,_not_for_speculationStop being a redditfag. Nobodies talking about the 90's or 00's when the market was ripe and fortunes were being made, obviously that was the best time in history to buy property over there.
>>538087143>Our housing prices are fucked because quality of life in china is shit and they want something better.Non sequiturTAD
>>538085890>in the way that it fucks up peoples savingsChinese government isn't responsible for (((investors))) mis-pricing their speculative assets that are also basic human needs that simply cannot be price gouged any further without societal bedlam
>>538087875>Also, a majority of Chinese who moved to the west are retarded goy who genuinely believed in globohomo gimmicks and jewish tricks who are now realizing they unironically shouldve just stayed in China. The rich ones migrating now days are almost all just sexual degenerates and pedophiles.This. Americans don't realize that the perception of America for most people outside of America is based on movies, music and other fantasies. IIIF YOOOOUUU'RE GOIIIING TO SAAAAAN FRAN-CISCOOOOOO
>>538088850Why do they keep lowering the central interest rates then?
>>538088494https://m.youtube.com/watch?v=IuVr8hqWG0o&pp=ygUXQ25iYyBtb3ZpbmcgdG8gc2hlbnpoZW4%3DWow, sure scary.China is such a scary place with all that affordable housing and upper middle class lifestyle on a single income by doing English Teaching job
>>538088209Imagine how horrible it would be if somebody built a house for 10k and wanted to sell it for 100k but couldn't get more than 40k, wow it's cooolaaapsing
>>538085497What about older housing? Is china experiencing Korea's level of investment loss?
>>538087595>>538088162>China announces measures and plans to rein in speculative market>China follows plan>China reins in speculative market>MUTTIDF shills on Euro VPNs pretend to be retarded and spam how it was totally a fluke they swear and let me tell you how China is collapsing and very silly based on MUTTIDF disinfo and lies
>>538088494So when are you guys donating all your money to the orange jew so he can trickle it down back to you? Why wait and work as a shill when bigly MAGA paradise awaits you?
i dont know much about economic policy, but i do know for with 100% certainty that chinks won the "women i want to creampie on the reg" contest, bar none, full stop, periodt.
>>538085497>90% of China own their own homes>Home prices in China fell by 40%>This is a good thing! You guys are stupid.
>>538089155Why are you in your childhood bedroom at mommy's house instead of saving up your allowance for a one way ticket to China?>>538089418Show your flag and try to translate that mess to English.
>>538086097God willing anybody not holding a power tool in their calloused hands will be, come the day, judged
>>538089158And if the owners took out more borrowings using the $100k valuation as collateral? What happens when the collateral drops to $40k?
>>538086471you are looking at scam listings or exaggerating a little bitnothing in america is a 50 down and 1500 mortgage unless its like literally 100+ year old buildings in towns of 3k people. and certainly not a city and certainly not miami. or you looked pre covidsorry bruh grass aint that green over here. its still pretty hard to afford a decent house
>>538089929Not their problem, the bank accepted the house as a collateral
>>538089950>Its shit everywherethanks Elon, Bezzos, their EU equivalent and their subsidiaries buying eveything and pushing us all into slums. At some point we will have to dust off the guillotines. They wont laugh then.There is a reason the Red Army killed anyone who owned land/buildings between 1922-1925. These people seem to forget. It didnt came out of nowhere...
>>538089950The thing is, even if prices are 2 times greater than what I mentioned which is probably only the case in NYC you still have 4 or 5 times larger net salaries. Here I can't afford a place of my own even if I gave the bank 100% of my salary.
>>538085497And yet the most your average Chinese male can afford is a single person apartment- not a home large enough to actually start and raise a family. China literally has the same affordability crisis that... pretty much the rest of the world does. Just because XYZ thing is cheaper there than in, say, Britain, doesn't change the fact that an individual, on average, makes numerous times less than someone in a similar class bracket elsewhere. The amount of money your average Chinese individual makes vs how much homes cost is still proportionally similar to the same comparison elsewhere in the modern world. Sometimes even worse.
>>538090245they are at a minimum 2x greater literally everywhere lmao. this includes bumfuck maine, where i am from. yes our salaries are quite good for ordinary people and its one of the last few places housing can actually be feasibly gotten as an ordinary person. you still have to play your cards really well or have help from your parents though.your numbers WAY off. average property price everywhere is going to be more like 500k, 2500 mortgage with 100k down. and in some places (the entirety of new england) theres like 10k a year in property tax.>>538090235no you absolute dipshit, its the massive influx of immigrants and the lack of building. those immigrants all have apartments. for the first 2 years, at a bare minimum, they are free apartments. they cannot legally work seeking asylum for first 2 years. thats hwo most immigrants are getting in, fraudulent asylum claims.lack of building is caused by a lot of things. where im from its caused by retarded regulations like rent control and "affordable housing" minimums on projects by city law.
>>538088162the 25IQ retards seepentza relies on
>>538088850(((investors)))lmao, it's literally the chinese middle class that was doing this, of course it was retarded but it was one of the only forms of private property that were "safe" to invest in, and it was literally the government's fault because not a lot of safe assets existed.This is just multiple generations having all of their money wiped out, and it's not like in america where greedy boomers had 1,000 other things to invest in that all made them money, there actually is not a lot of safe investments in foreign countries.
>>538090235>>538090446the city im from btw, its not even psosible for the immigrants to afford to live there without assistance. portland maine public school system is at least 40% african immigrants. the jobs they are capable of doing there do not pay anywhere near enough to afford to live there. its like 2k a month for a 2bedroom bare minimum with rent control. its all free, courtesy of taxpayers.actual stat from the newspaper: over 95% of the welfare budget in that city is asylum seekers. we pay for literally everything they do. they are not capable of doing work that is a net positive there. there are very few jobs in maine that pay decently.
>>538090446>no you absolute dipshit, its the massive influx of immigrants and the lack of building. those immigrants all have apartments. for the first 2 years, at a bare minimum, they are free apartments. they cannot legally work seeking asylum for first 2 years. thats hwo most immigrants are getting in, fraudulent asylum claims.I dont know where you get this information. No one gets free shit where I live. Doesnt matter where you are from. In the meatime all buildings are owned by huge capital funds. Rents are going up like crazy. Sure the immigrants dont help. No one wants immigrants except those very same people that own everything and coincidentally import millions of jeets because > Muh cheap labor. Blaming the immigrants instead of the jews is like blaming the rain because you got scammed and are now living outside and are wet every morning. You are retarded
>>538090684okay ding xiang chang, make sure to enter that i am talking about the united states into your llm prompt. that way the response makes sense. i dont know or give a shit what is happening in switzerland. they very likely receive welfare there too. its a very universal western policy to give free apartments and make the taxpayer foot the bill. you are chinese.
>>538085497>cheap houses are bad goy.ok joomer
>>538090771>american ignorance in full display.There you have it ladies and gents.You're either a 50IQ dumb fucker from bum fuck Nebraska or you are literally JIDF. I refuse to believe your education system creates such ignorant people so lets just call it a day kike. How is the weather in Tel Aviv btw? Also this : >>538090814
>>538085497>>538085922>China says homes are for living in, not investments, we will lower housing costs>actually does it>chuds on the anime pedophile containment site who will never own a home in their own country think this is bad for some reason
>>538085497>young hard working people can afford new homes with their fair wagesVERY ANTISEMITIC
>>538085497So uh... Can a white american buy a house in China? I'm thinking its high time to get off this sinking nigger-infested ship.
>>538091088google "average house size in china"its like literally 400 square feet. thats a "house"yes i know i am replying to a chinese bot thread btw
>>538091036If you pay attention to the thread, no one thinks its bad except the JIDF shills (and the 12IQ retards)>>538091080The high rents where promised to them 3000 years ago
So how do you retarded asses spin the average Chinese household losing 40% of their home value as a good thing? I'll wait.
>>538085497And nobody gives a single shit. Btw that means china economy will crash, as predicted. Fuck China and their ching chong scammers.
>>538085497but jews from wallstreet said housing markets never loses
>>538091160hey whats it like living in such a luxurious 400 square foot "house" mr BingBong?/me burps up fried bat wingHOOO Ahh Vewy Spicy Meaw...
>>538086779I hope you understand that your lot are the ones tanking it here
>>538091142>OwNinG yOuR 400sqf HousE iS bAd oKaY? dO yOu UnDeRsTanD?> noW pAy mE $2000/month fOr tHiS sLuM iN tHe BrOnxdefinitely a kike.
>>53809119890% of chinese own a 500 square foot "home"Ahhh as confuscious say.... he who shits twice, wipes but once. You have achieved mandate of heaven with this very post anon!how do you avoid spilling the gutter oil everywhere when you need to cook btw?>>538091282ching pong ping pongt. posted from my 400 square foot great chinese apartment!
>>538085497NOOOO how dare they!!! wagies should (((rent))) family housing owned by blackcock until they die like we do in merica
>>538085497>the price of things you don’t and can’t own are droppingHuh?
>>538091198When houses aren't merely a commodity bought and sold on the market but rather used for their actual purpose, people living in them, the loss of monetary value assigned to them doesn't really matter as much. The people who are hurt by houses losing monetary value are investors who are primarily looking to profit from them.
>>538091325You dont understand. They need the rent to pay for the hasbara and be lifelong "studends" of the book.>>538091324tik...tok..tik...tok..tik...tok.. the clock is ticking for you mr Rosensteinberg
>>538091390this man gets it. No one, absolutly fucking NO ONE gives a shit about housing market except welfare addicted jews who have to lower the rent of their tenants.
>>538085497Oi vey! Housing is going to be affordable in China and people there will be able to save their money and grow their wealth and invest for their future. I’m literally kvetching at that thought! What about their boomers who thought by sitting on land that they should become wealthy like kings?
>>538089929Oh no, some speculators got fucked, truly the end of China
>>538091221Damn this kike is SNEETHING
>>538091603Is this a joke?You can’t own houses in China
>>538091455at least when jews shill on here its a little more subtle than thisthe chinese shilling and psyopping is so over the top retardedive not interacted with any chinese at all but if i had to guess, i would assume they are an extraordinarily arrogant people. the propaganda that they think will work on people is fucking INSANELY stupidyouve yet to address the fact this "home" ownership is literally 500 sq feet of a condo in a kawoon walled city tiered skyscrapermaybe it sounds ridiculous to you, but americans do not want to live like this. we consider homes to be around 2k square feet. those are proper living conditions for having kids. you have yet to reply to anything ive said other than just saying im jewish too. wow thats very clever ding dong, definitely not overplayed on here at all. coming from the jews of asia that is rich>>538091656spicy gattah oir bat vewy painfuw on stamach! i go make mad post onrine
>>538085497Wow.But why would this matter.China is "communist", right?Doesn't that mean magical free utopia where everything's free, especially livingspaces?Don't tell me "communist" doesn't really mean anything!
>>538085977Everything about this post is antisemitism
>400sq ft>37m2>5x7mI've lived in worse
>>538090623because it's not immigrants that matter or citizens in your country but companies having cheap workers that's why government subsidizes costs of labor
>>538091036>ching chong land kills housing prices>ooops, did you pay alot for your house last year? now its 1/2 price :3c>this anon pulls the tiny yellow penis out of his mouth just long enough to praise it
>>538091666trips of truth>>538091728Kowloon is in the middle of HK. No one owns 2k sqf in the middle of Manhattan except you kikes. That is the whole point of my argument : At least they can live in their cities without paying you kikes a dime. Last time I checked the average american had to drive through 1h of traffic because you kikes own everything within city centers in the US and are charging americans ridiculous rent. How is that for a rebuke shlomo ?
>>538091728>noooo affordable housing is le communism o algo!!!LOL
>>538088694No. That isn't what happened at all. You guys are retarded and per usual are omitting information that runs counter to this dumb face saving narrative. What happened was totally predictable if you paid any attention 6 or so years ago, china did everything it could to stop exactly this from happening including execute the people responsible so they had someone to blame and now they roll out this cope about how they intentionally lowered prices to save face. The truth is they completely mismanaged their housing sector and couldn't do anything to stop this despite the government sinking a shit load of money into this problem (and asking foreigners to bail them out). China uses real estate as an investment vehicle for the ccp not the citizens that's the only difference. Not saying this isn't to the benefit of chinese people because it absolutely is but this was definitely not what china wanted at all.
>>538091539The 90% of people who will never own a home kind of care.
>>538091758i lived in a ~200 square foot studio once. it kinda sucked. it was my first apartment though so it felt awesome at the time.>>538091812we've yet to get to the "work" part of that plan yet. i believe like literally 70% of them don't work. even of the ones that are legally allowed to its not much better. if you ran the numbers i would bet maine has the most expensive asylum seekers out of any state in the country.>>538091867ok you love living in a city. i dont want to. its possible to own a home in america. in china 2k sq feet is >1%>>538091867bugman wants to live in a tiny apt in a super city that bad.yeah americans like owning stuff and having space to move around. like i said, this may sound strange to you. average commute 40 minutes in a place like new york. i bet very few people are doing any commutes above 1 hour.>>538091930google what "affordable housing" means as per dept housing and urban development. tldr its low income housing. it just means average income people cant live there, only people making some arbitrary number as compared to mean household income vs poverty level for that area. there's a lot of stipulations too like some programs have to have "housing first" units where they stick junkies in the units to destroy and terrorize all the occupants.falling for this government branding of low income housing means you are a retard. just like falling for chinese propaganda. though the chinese propaganda is far dumber.
>>538085977>I will move to China soonwho's jurisdiction are you running from?
>>538092169>ok you love living in a city. i dont want to. its possible to own a home in america. in china 2k sq feet is >1%Not anymore according to the graph your JIDF OP friend posted bud.
>>538092264>falling for zoomed in Y axis, sensational headline, and limited to 20 years of datasquint a little harder at that graph lil bruhwould require an obscene crash for 2k sq feet to be something anyone can afford there im betting. average "home" size at 400 sq feet is fucking insane. not even europeans live that cooped up
>>538092169>arguing with ccp shillsWhen they lose the argument they will just call you a jew and sperg out there are more productive things you could do. They will not engage honestly, of course.
>>538091632So why is the CCP forcing interest rates even lower? Why are they constantly reducing the interest earned on their people's savings so that it's easier for those speculators to borrow money for more speculation?
>>538089276>>China announces measures and plans to rein in speculative market>>China follows plan>>China reins in speculative marketit's honestly crazy that they can do it at all. the amount of degenerate gambling plaguing the US is insane in comparison. I really wish we could have something similar.
>>538086097She's looming
>>538092169>americans love paying us kikes half of their income in rent and the other half in healthcare and student loans lmaoOk maybe that's why /ourguys/ at the CCP are winning so easily against you """"people""""""
>>538088209Houses are for living in, if you want to gamble invest in the stock market
>>538089929>oh no think of the banks trying to use your house as a speculative asset!Wall
>>538092525China is the only country that exhibits fascismNone of that retarded shit commies call fascism
>>538088209Yes and you're a kike if you disagree
>>538090400The bottom 50% of Chinese has nearly DOUBLE the net worth of the bottom 50% of Americans, you are full of shit and relying on boomer tropes from the 50’s
>>538092724shame everything else about it is so awful.
>>538092575Problem is the real estate world created a system of "steps" within the housing market. They created this myth of a "starter home", and downsizing home. But as time went on and boomers accumulated immense wealth they either bought like two investment properties, or gobbled up the starter home market within the last couple of years because they're "downsizing". So only people left who can enter the market are middle class and higher people. Anyone below that cannot afford that, and there's hardly any starter homes. The real estate world created a market that would perpetually grow and rebirth e every decade or so, but now it's stagnant.
Okay, that's enough. We need to invade China and put these houses in the hands of their rightful Jewish owners. Am Yisrael Chai! All Chinese land belongs to Jewish landlords! The Chinese goyim have shown time and time again that they will mismanage these houses and use them for structural antisemitism, but my fellow brothers in Christ see what they are doing and will put a stop to it. Boots on the ground today, and now a prayerFaith in the Peter Zeihan, through Ben Shapiro's words I am not led astray, in Donald Trump's hands I am led to the lord Jesus Christ. Amen
>>538091198That's how you know judasim is banned in China.
>>538085922>total landlord death 2.0 electric boogaloomake sure to short yourself in the head after swallowing all pills you can get your hands on. housing is a right, not a privilege and not an investment. you are a parasite if you own any house that you don’t live in
>>538092828It’s working as intended, that’s what you’re striving for if you want fascism
>>538093008idk if I want censorship and general low level criminality. it looks neat, but the edges of these megacities are still a shitshow.
>>538093076>idk if I want censorship and general low level criminality. it looks neat, but the edges of these megacities are still a shitshow.How dare you insult America the land of the free and the home of the brave, our cities are the #1 of the Earth
>>538091036chuds are not glownigger kikes who seethe at china for this you fucking newfaggot.
>>538093363I mean, see >>538089155scooters all over the place, even where not allowed and this is one of those mega cities.
>>538092345You are literally contradicting yourself:>Housing Prices go down (like in chine) == more people can actually afford 2k sqf homes (including You shlomo)I know you guys are retarded but I am sure you will get it eventually.
>>538086097QUADRUPLE JUMPSCARE
>>538085497.The People's Republic of China is now a dead country.
>>538094001Completely obliterated and destroyed, as predicted by Sir Peter Zeihan. Proper Jewish leadership could have prevented this grim fate
>>538094001Looks pretty alive to me, shlomohttps://www.youtube.com/watch?v=iXDxib8GMpU
>>538092569the chinese suck so fucking bad at astroturfing lmfaothis post stands out as extremely unnatural
>>538094364THe sad part is they dont need to astroturf. I actually visited china. They are winning. Their country is getting better. Everyone there is having more money and getting better prospects.Meanwhile I cant fucking afford a place less than 100KM from any town because of you fucking kikes. Why do you think people love china more and more and hate Israel more and more ? Do you think its because they astroturf good? You dumb fucking retard. We are getting invaded by jeets, dying on 50C heat and have to pay 3times more for everything because of you dumb fuckers cant STFU and buy electric vehicules like everyone else and instead have to vote for A FUCKING JEWLOVER PEDOPHILE CANNIBAL that decided to invade some fuckistan country (and lost) which closed the strait so everyone in the west has to fucking suffer because of your addiction to sucking jewish pedophiles cock.AT This point it's not about China anymore: Literally everyone hates you. Even the most far right people I know. KYS. NOW. JIDF SHILL.
>>538085497>He thinks this a good thingOh boy. Econ 101 drop out thread again.
Based as fuck.
>>538097505I have seen many westerners seethe because there is no CEO and shareholders who rake in wealth from the Chinese trains.You all call it wasted potential, you call it a crime against Jewhood.
>>538085497>More people now can afford a house. THIS IS DISGUSTING!!Kys
>>538085497I'm imagining cheap housing.It's great.
>>538085922Its because they were propping up the market with all those ghost cities. It was like an economic strategy for the middle class to buy extra homes that people didnt use, they made like whole towns that no one lived in as a real estate scamThat was eventually going to collapse.
>>538102731>>538103351This is going to collapse their middle class and destroy a bunch of businesses. Inb4>well I dont care what happens to those people! Im a broke nigger! And you wonder why they dont care about you?
>>538103622>collapse their middle classWhy though? They still have a house they can live in.
>>538085497The price per 1 square meter in NY is around 8k, in Shanghai is 6k. Considering, that the wages in China is three times lower than in the US, Shanghai is way more expensive for locals.
>>538104935>Shanghai is way more expensive for locals.Except people lives there for 80 years already, they got those places back when it was cheap.Their children are first in line to inherit those homes. That's optional.It's only expensive if you want to move in and displace the original residents.
>>538104838Because when you have expenses and a budget set up, a massive drop in your wealth can spiral out of control and you can lose anythingThe majority of people are morons who will double down instead of cutting costs, or selling assets, and huge numbers of people will lose everything
>>538105318>a massive drop in your wealthWhat massive drop in your wealth?You still hold the same money in your wallet as last week.
>>538085497Deflation is worse than inflation. China definitely isn't doing as well as people online try to act like,
>>538105405Its only bad if your economy is leveraged ponzi
>>538105492Real estate is a much bigger deal for China's economy than for most developed countries property and related sectors have historically accounted for something like a quarter or more of GDP
>>538105388... I know you've never had any money in your life, but thats not really how things work. The majority of people that "have wealth", dont just have a bunch of money sitting in a big vault. Most just bring in more money than they spend and then keep adding assets or property. The second something upsets that, like your properties getting halved in value, and a bunch of money you invested into a property will create no return or your paying for a massive mortgage for something now worthless that you cant sell, or the house your were renting is now worthless, etc. Etc. Etc. All of a sudden your making less money than your spending. And that will rapidly run your entire life into the ground. And like I said, most people are stupid jackasses that wont adjust to a lower standard of living, but will take even massive risks to try and save their living standard. Risk taking got them to this standard of living in the first place, its what they'll fall back on.
>>538105773>nd then keep adding assets or property.So instead of keep adding asset like a retard, you can hold your money in...money.
>>538097505>young people owning homes is a disaster for the economy
>>538105773>oy vey I can’t charge interest on a reverse mortgagekys kike
>>538105917Depending on the Asset, like property, it will increase in value while the money inflates Holding onto money is actually not a good move generally. Most people with money have not alot of cash on hand, and will immediately reinvest it into property or commodities Remember when I said, "now I know you've never had any money in your life"
>>538105606Deflation is only an issue if your economy is a leveraged ponzi
>>538106018You still wont own a home. >>538106128You being a degenerate nigger doesnt make me a kike. If me explaining to you how the economy works in a basic way, makes your tummy upset, youre just a stupid nigger. White nationalism isnt about making sure stupid niggers are OK dumbass. Infact we want you to fail
>>538106259>Holding onto money is actually not a good move generally.Money can also mean gold though.You don't need to rent out your home like a kike.You don't have to pretend your home will be worth 10 trillion dollars in 20 years.Just live in your home like a normal human. Give it a try and see how it feels.
>>538086729You’re just proving his point. Housing prices are high in the west because of cucked western laws. It has little to do with population growth and more to do with the fact that our markets are open for global speculation
>>538085497Pray for their investment banks
>>538106431>Money can also mean gold though.Thats a commodity This isnt a moral question or a question about how one SHOULD live their lifes. Im explaining to you how it currently works, and what problems this will cause. Right now im explaining to you how to make a dam on a river, and your asking me, "but what if the river doesnt want to have a damn?" "Does god like dam? Goddamn is a bad word, maybe we shouldn't build it?"Its inconsequential. What you want or what you consider moral has basically nothing to do with how the world actually works, or what people are going to do.
>>538106392And why would anybody want to invest into immobile devaluing liabilities? A look at japan and now as well china shows, immobile capital in a territory with a deflationary demographic is the most retarded move imaginable
>>538091324>90% of chinese own a 500 square foot "home"Wow that’s 500 sq feet more than most zoomers will ever own
>>538106769>Please buy my immobile bagIts now cheaper to build a new liability than to buy your existing oversupply.Say goodbye to your paper valuation
>>538085497This is disgusting. Houses are for investing, not for living in. Won't anyone think of the GDP? Filthy Commies.
>>538091198Now they can own two homes because houses are so cheap. Who doesn’t want more houses? Chinks get two houses each while Americans get zero. How are we winning again?
I'm surprised not one person here has brought up the scam that is Chinese real-estate. The Government builds these empty concrete shell buildings purely for people to invest in, its why they have giant unpopulated ghost cities.
>>538106877>Please buy bags >Please take a 30, fuck 50 how about 100 year mortgage >Please expand credit>PleaseLol
>>538086471Serves you right for being urbanie B*lgrade scum. You can find houses in villages an hour's drive away from your globohomo city for under 50k
>>538106724>Thats a commodityDoesn't matter. You can convert your money into gold.You don't have to larp as a kike and pretend your house is mitacally worth 1 trollion in 20 years. Why do you depend on this mechanism so much?
>>538106747Because the market was going wild for a minute and people thought they could make money. Now that is coming back to bite them in the ass. People barely think one week ahead, let alone two decades.
>>538106980Thinking ahead would be to torch the shacks you own and take the insurance and run
>>538106951>I rent forever, I own nothing and I am winning>houses are for wealthy people to speculate on, not for normal people to live in>Why would I want to own a house when it’s so hecking immobile? I need to move around and chase that hustle and bustle of the big cityGood goy. Stay fucking retarded.
>>538106893>the Chinese government builds cheap houses for people!>this is le bad!DEI must be hitting Langley hard rn
>>538085497>Houses are for living not for gamblingNo one cares there how much gamblers losing...system wins when people can buy cheap houses.
>>538085497sell to who?
>>538107130They're empty concrete shells. You can't actually live inside of them. They're purely for investment.
>>538107122Again why would I spent between 750 and 1500 a month on a mortgage for a devaluing liability over 30 years and overpay by 50-100k, if I can comfortable have shelter for 400 a month and be mobile, flexible and invest in liquid capital assets
>>538085890>its an issue if they are used as investment instead of living spacesGuess where the average chang parks his money
>>538107272>if I can comfortable have shelter for 400 a month and be mobile, flexibleDo you live in a trash can? The only way you’re spending $400/month is if you’re homeless, and good luck raising a family in that shit
>>538085497Lolol...all the landlords are gonna move to china
>>538107237Black Stone and the bank is going to buy your shack. At your investment cost, lol no, take the 50-70% haircut or good luck dying in your box
>>538106392Explain to me how young people being perma-rentoid subsistence slaves is good for the economy
>>538087595this was announced 10 years agohttps://en.wikipedia.org/wiki/Houses_are_for_living%2C_not_for_speculation
>>538085497Holy shit, fucking based
Can a foreigner buy estates in china?
