>Do nothing>LoseWhat's the next step in their master plan?
>>538406918How do you have a real estate market when you dont actually own anything except a 99 year lease from the govt
>rephrase affordable housing as gains erasure
>>538406918Looks like a massive win to me, property prices being affordable to the people that need them rather than becoming cryptocurrency for boomers, doctors and multi billion dollar investment funds
>>538406918China's economy isn't based on high property prices like the jewsa. They'll be fine.
>>538407077You don't, this is just the CCP in it's terminal stage.
>>538407174>Looks like a massive win to me, property prices being affordable to the people that need themNot really, it means people are paying massive mortgages on properties that aren't worth anything nowThe banks are laughing at them
>>5384073412 weeks!
>>538406918>nooo, the goyim mustnt have cheap housing
>>538407348God damn I wish we had a real estate market crash like this over here
>>538406918>losehow? most people in China own their homes. they aren't used as "investments" like they are in most other places.
>>538407477Nooo you have to work your ass off for 30 years in order to afford your first home and pay back to the bank 3 times more than it’s worth
>>538406918>housing is unaffordableLate stage capitalist collapse!!>housing prices go downCommunist economic collapse!!For a thousand years the cost of goods remained stable under gold. Line going up or down, only one group of people benefits.
>>538406918Cheap house pricing is a bad thing? Are you a boomer?
>>538406918Late stage communism. They overbuilt massively, because real estate is the only way regular people can invest.
>>538406918There should be no real estate "market." Houses are for living in. Homeowners should be begging people to buy houses that cost only what the materials to make it cost
>>538406918A gradual, linear increase is ideal. Not exponential gains and losses. Who cares if a home in China is $100 when you can't get a job. Come on, 2008 wasn't that long ago.
>>538407570Not true, they actually were. But they shouldn't be. Maybe agricultural land but in order to hold it you have to actually work the land.
so why is the price of housing going down supposed to be bad thing for all the non kike worshipers?
>>538407316For a long time it was what common people invested it. After the 2015 shanghai stockmarket crash, all the private investment went into realestate instead as public trust of the stock market was shattered. In 2018, the housing market made up 24% of the chinese GDP.Now the stockmarket is dead, so is housing. Chinks have resorted to investing in gold and bonds now. The chink hivemind is fascinating in how they all follow the same trends, and if enough of them decide that something is bad, they all jump ship.
>>538406918Lose? If anything it's based for their young people.
>>538406918HAHA the Chinese are such losers..>for providing their middle class with several housesoh.
>>538406918That's a good thing. A dwelling is not an investment. It should never be treated that way. We have an acute housing crisis in this country because Jews have made it our core industry. This is healthy for the Chinese people.
>>538407077are you expecting to live longer than 120 negro
>>538406918>Oh no not affordable housing>Oh noooo not the parasitic investors value
>>538407931it's bad because capitalists LOVE high housing prices because it keeps them wealthy (just like inflation keeps them wealthy too)no one can own anything except those with money to buy it, so the common person must rent or leverage a 30 year mortgage to "live"
>>538408222>>538408111i would get behind this sentiment, but tofu-dreg
>>538407316Exactly. Our system is so hopelessly fucked. I can't even fantacize about s goddam mobile home. The best I can realistically hope for is an acre of scrub land with a hand built shed. And that's even a fantasy. Jews will never let me accumulate enough money to buy something like that. They will sabotage everything I do. They have a perfect track record in this regard.
>>538407348Chinese prime home loan rate averages 3%It has the rate of home ownership on earth at 95% Now show flag
>>538407348Shut the fuck up jew >>538407484Svvn
>>538406918the line that must always go up went down"god is dead"
>>538408219I plan to live forever, of course, but barring that I'd settle for a couple thousand years. Even five hundred would be pretty nice.
>>538406918Chinas housing policy is that housing is for people to live in not for speculators to get rich of like in the west.
>>538407570chinks turned the housing market into major investments ("property prices always increase") and xi said "no". it's a good thing because chink foids would force chink men to own property before considering marriage and children. needless to say chink boomers losing out on their "investments" are not happy but who gives a shit about boomers and their little tantrums if no one is having children, at least that's the CCP way of thinking
>>538407660>Nooo you can't have debt!!!!! You can't have human rights.
>>538406918>young working families can afford to be home ownersOY VEY VERY ANTISEMITIC
>>538408369>It has the rate of home ownership on earth at 95%the chinese government owns all of the land
>>538408403That's g-d, anon.Don't be blaspheming Satan like that.You wouldn't want his synagogue to get angry.
>>538407316Every chink thought buying an apartment was a guaranteed way to make money. Millions of them bought houses expecting the value to continue to climb, they all thought they'd be rich eventually. It's amazing how single minded and fucking STUPID they are.
>>538407316Imagine thinking China's economy isn't carried by real estate when property sales and local government land deals literally made up like 30%of their entire GDP for decades. You actually have zero clue how China's economy works. Over 60~70% of household wealth in China is literally locked up in real estate. That means a real estate crash isn't just affordable housing, it literally means everyone's bank accounts and life savings get completely wiped out overnight.
>>538408750If that's the case then why is there thousands of nail houses across the country that the government has to build around no matter how much they offer. Don't pretend that would happen in the US, they would eminent domain your ass in a week.Now show flag faggot
>>538408915>30% GDPKill yourself fucking feminist gook
>>538406918>young people and the middle class can afford houses! What an embarrassment for China! How will they ever recover?!Goddamn the Jews really have mindbroken a lot of you faggots
>>538408632>Chinas housing policy is that housing is for people to live in not for speculators to get rich of like in the west.chinese builders and banks literally got rich off the chinese people and now the chinese people are stuck with massive mortgagessuch volatility in the market is literally due to speculation and now the people suffer
>>538406918When will china collapse
>>538407077You just described the USA. What do you think property taxes are?
>>538407348Just default on the loans.>Oh no the bank only recovers 25% of the loan!
>>538407174The chinese park their money on apartments if they can transfer it outside china. At least 400 million just had their nest egg stolen.
>>538406918
>>538406918Affordable housing is literally a plus in communism
>>538409001True. China winning is the only way to embarrass our own leaders into doing SOMETHING.
>>538406918Crashing out with no survivors.
>>538406918you do know that high rents/housing is a sign of economoc problems right?
>>538409209it's a plus in any ism
This confuses and kills the tiny american brain
>>538408976Every major economist knows the property sector and its supply chain historically drove nearly 30% of China's economic activity for decades. Pointing at a recent 2024 chart showing a minor drop just proves the bubble is currently bursting, it doesn't change the fact that their entire economic foundation is built on it.And that 1.2T is just direct real estate services. When property crashes, construction halts, steel and cement industries in industrial production collapse, and local governments lose their entire revenue from land sales lol
>>538409209not onyl in communism, high rent leads to people demanding higher wages and more money/capital beeing tied to "useless" (in terms of the economy) assets that don´t contribute anything to production
>>538408219The only reason i hustled so hard and will keep in hustling is the fortune i will pass down my kids and therefore not only providing for their wellbeeing, nur also the next generation after.
>>538409434tiny amerinigger brain in question
>>538409015The Chinese government clamped down on corruption around housing speculation and put a clear policy in place that housing is for people to live in. Sure older people that already bought might feel like they were cheated out of money but younger first time buyers can actually afford a home unlike how things are in the west.
>>538409510If your kids can't survive on their own they'll piss away the money and raise useless grandchildren dooming your lineage to mediocrity
Deflating a real estate bubble without economic turmoil, recession or any other struggles is actually a monumental achievment and should be studied by every government around the world.
>>538409605If you don't own more than one house you haven't lost shit. Only dumbasses actually think they are richer. Even funnier when it's Americans who pay hefty property taxes
>>538408503Based eternity enjoyer
>>538406918>housing is now even MORE affordable in ChinaWill China ever stop losing? At this rate everyone is going to own a home and have no debt.
>>538409605This cope is extreme. It wasn’t corporations who bought up the available houses over the last few decades. You’re just demonstrating why any form of wealth is deathly afraid to stay in China.
>>538406918Based
>>538409784Turning your middle class into bag holders is not conducive to a stable economy.
Xi Jinping fears Sanae Takaichi.So China cannot do anythings.
Imagine if they treated food like this. Persistent shortages, speculation, the value of production facilities constantly going up while never meeting demand because we can't allow the "food market" to crash.The strait or whore moose being a little bit closed has apparently caused fertilizer shortages all over the world. Farmers didn't plant as much because it wasn't profitable due to increased input prices. It's going to take a few months to see the results of this.So I guess maybe we'll see great "gains" in the agriculture sector too soon.
>>538409331Essentially the USA is shifting to a north/south American model. This allows for more control over the production and shipment. No one knows what the economy will look like then so current economics only put you in a better position. We're coming for greenland again.
>>538409732Exactly plus the market was already over saturated with empty buildings the price of which was being kept artificially high due to the speculators.
>>538406918Meaning that the CCP managed to deflate the chinese real estate bubble and prices are going back to be affordable...
>>538406918>communism doesnt work no matter in which formNo shit.
>>538409778Chinese corporations. If I remember correctly people were executed over keeping prices artificially high even though supply far outweighed demand.
>>538407077you make it a cultural requirement to have the lease if you want to marry a woman
>>538409989Source your claims. Most of the housing supply was being shifted to the middle class with lucrative financing or “99 year” leases.
>>538406918Homes are for living in, it's not an investment you Boomer-brained retard.
>>538407077poor rural workers got into factory jobs, they made some money and started buying better property to live in but now its stagnating because its hard to find a job in china and no one is having children so their population is shrinking so there is no need to build for nobody
>>538410099But then we won't have homeless people
>>538410099stay poor.
No one could afford all the McMansions.
>>538407660>homeYou mean a 40m^2 shitbox in a country that already charges you VAT, income tax, bills and property taxes that take 40% of your income before paying for anything? Splendid capitalism and democracy.
>>538406918>Affordable housing bad
Ah, so OP is one of those juden that already fled to argentinaiswhite.Only a like would complain about affordable housing.
>>538410229MIGA!
>>538408917If the government offered them a fair price, they could have moved into something decent, instead of keeping their ancient shanty that now squats in a desolate urban hellscape (yes it's redundant with China, I know).But my honorabru or something.Three Gorges Dam folks didn't get to play this game.
>illegal to own land in China>land prices still implodeChina is living in the future
>>538410548>What if>What if we had stocks in companies you could buy...>But could never sell?Fucking China.
>>538407077lollmao even
>>538407141
>>538407348I wish we had a housing market crash, that way I could buy a house. >but muh banks muh mortgagesI don't care, I want to buy a house.
>>538410863I'm inheriting a 3 bedroom on an 8 acre lake, so I just rent cheaply atm.
>>538410598I don’t know how it works in China, but once upon a time in America, stocks paid dividends. This was the ENTIRE FUCKING REASON one would buy stocks.Last I checked, very few did this. Perhaps none do now. What this means is the stocks are actually and unironically worthless for retail purchasers, and the only path to profit is the greater fool theory.Yes, you can still make money on stocks as a retail investor, but only because there are greater (and newer) fools arriving. They are utterly useless though and eventually: the music will stop, everyone will look around in a panick, and realize there are no chairs at all.Anyways, if Chinese stocks pay dividends then I actually feel neutral (might even support) the decision to not allow them to be resold.
>>538406918It seems like they could simply be over the demand crunch. Why would it be a good thing to have homes increasing in value, i.e. restricting access to home ownership?
>>538406918Modeled against America's speculative jewish economy. China seems to be doing well, better than America in fact.
>>538409434And yet, despite the housing price crash being ongoing for years now, China continues to grow at a rate that's double any near peer.The CPC can simply build more massive infrastructure projects to obviate most of the problems you describe, and they have! And homes continue to be built.
>>538406918China is funny because they don't really allow common people to invest for retirement so it all got sequestered in real estate but that only works if the ponzi scheme pays out. Thankfully the younger Chinese aren't falling for it.
>>538411147Companies in the US have been moving to stock buybacks over dividends for decades now, causing the actual number of stocks to shrink.It's only moving the other direction now because the companies building the AI ponzi need massive infusions of capitol.A market for selling stocks to others is the key fundamental for price discovery on stocks and the companies that issue them. If you cut that off, the company is worth whatever they (in this case the gobermint) says they are, which leads to corruption, inefficiencies and finally to companies that lose the drive and ability to sustain themselves.
>>538407348A house is meant for living in. So long as it meets your needs, who gives a fuck what it's worth.
>>538411303>China continues to grow at a rate that's double any near peer.37th in the world, ackchually.https://en.wikipedia.org/wiki/List_of_countries_by_real_GDP_growth_rate
>>538409662Lmao yea, cause slaving away to jews is better
>>538411724you end up in a situation where you're paying more than it's worth. the mortgage still needs to be paid off but the property itself is now worthless.
>>538408503remake when
>>538409882>Imagine
>>538410941Aaand there it is>I want house prices to stay high so that my unearned inheritance will have more value, fuck anyone working for a house right now
>>538411279>China seems to be doing well, better than America in fact.>>538411303There is a specific reason America's economy is being particularly shambolic atm.And now we are tearing up TRAFTA, the successor (and copy) of NAFTA.
>>538412046>I want house prices to stay high so that my unearned inheritance will have more value Never said. Just glad I'm not in the market, and glad the shitty Missouri weather avoids our region thus far.Dry your eyes Princess.
>>538407077The US government will take your house if you don't pay your property taxes, even if it's your only home and you have nothing else.
>>538412134Yes, you have to chip in for the Fire Dept. the Police, the Mail Service, Utilities maintenance and a bunch of other shit by paying property taxes. Boohoo.
>>538406918>What's the next step in their master plan?Now post manufacturing industry gainz
>>538409207Okay but how does chairman GeeDingPing explain this UK GeeDeePee superiority??
>>538406918the horror of people being able to afford homeswe NEED the price of homes to increase at ever increasing rates, forever
>>538412031he's talking about persistent government policy over decades, not responses to unexpected supply shocks
>>538413064China's middle class owes a lot of their middle-class status to real estate investments. A massive population in that country still lives too poor to afford a modest suburban home, not even close. If housing prices collapse in China, it will pull their middle-class to their historical place, non-existence. It won't suddenly allow rural poors (and we are talking incredibly poor here, not Kentucky poor) to move into tidy new places.
>>538406918Only a landlord would argue in favour of overpriced housing.
>>538413376Two more weeks until China collapses for real this time
>>538413480I applaud your Faith in State-managed economy, but I simply do not share it. It DOES have advantages, but not enough to offset the problems with it.
>>538406918>Noooooo you need to have property values increase forever to be a stable country!
>>538409147It's their fault for making a poor investment. They put all their eggs in one basket and now they are facing the consequences.
>>538407348Once you buy the house or mortage who the fuck cares what it's worth? If I bought a house for $600k and five years later it was $200k I'd be mad I wasted money when I could have waited but I wouldn't have lost anything, I'd still own my house.
>>538406918>>538407341>mutts seething because official Chinese policy against speculative market takes desired effect>its yet another Amerimutt VPN fag slide thread
>>538411887you will always slave to jews regardless
>>538407348>aren't worth anythingA house if for living, not to (((worth))) anything, jew.
>>538413630>The value of the single largest asset purchase you will make in your life has halved, and that's a good thing!Shitcoin mentality.
>>538406918>LoseIt would be the greatest bestest thing ever if that happened here
>>538413376>>538413562I applaud your "Faith" in selfserving mutt cope lies
>>538413657as far as i understand, and i think the point of the discussion, is that the average chinese person doesnt have much of an opportunity to invest in general - unless they drag their money out of china, which is probably quite restricted.
>>538413376>If housing prices collapse in Chinawell its a good thing china isn't relying on that to increase the wealth of the rural poor then.they aren't slaves to the Market PBUH, and actually do things to make people wealthier, between mechanizing agriculture and encouraging people to move to cities and become industrial workers instead
>>538413745I buy a shitcoin with the intention of reselling it, I buy a house with the intention of living in it. Do you buy your car and then never drive it because putting mileage on your car would decrease the value? Does it make you seethe that you buy a car for $20,000 and a decade later it's worth $5,000?
>>538413745>assetwhoops, you left your zogged migger conditioning on!>>538409207
>>538413745>the value of your home has been corrected>NOOOO SOMEONE THINK OF MY CHILDRAPING WALLSTREET BILLIONAIRES
>>538413774China is replacing the industrial worker with robots. Literally half the robots in the entire world work in China, and it's steadily increasing. So they aren't pulling nearly the sweatshop jobs they used to. Automation didn't help the prosperity of the Average Working American, I am highly skeptical it will be what saves Poor Chinaman.
>>538413838>Do you buy your car and then never drive it because putting mileage on your car would decrease the value?my boomer mother buys expensive things and then exclusively uses dollar store equivalents for that exact reason, so yes there are "people" that think like that in muttmerica
>>538413854Xi should have made this statement in 2012, when it would have saved his middle-class.
>>538408915It needed to happen though.If that happened in the west decades ago we'd be better off today
>>538413916>Automation didn't help the prosperity of the Average Working American,because the tech is owned by parasitic capitalists. china has already outlawed firing workers to replace them with AI>they aren't pulling sweatshop jobscorrect, they're exporting those back to the US since they've moved up the value chain to high tech manufacturing and knowledge economy fields
>>538406918Having affordable housing is the worst thing that can happen to a country.
>>538406918Wow, it must suck to live in a country where you can afford to buy a house.
>>538408663A major benefit to a lack of democracy in this day and age is that the slanted demographic pyramid that greatly favors the interests of boomers to the detriment of the youth of a nation doesn't have the same kind of sway over government policy.
>>538414238>His yellow hands typed, in reference to a Nation that gutted their future demographics with mass-scale government-enforced infanticide.
>>538407077>how do you own a property when you ,one it if you don't make your perpetual payments for owning itthe chinese "lease" is literally the same thing as a property tax, except paid every however many years instead of quarterly, the lease is automatically renewed at the end of the lease
>>538414373>15 posts by this ID>Everyone is coping
>>538414373That's not to say such a system doesn't have it's disadvantages as well.The tables have clearly turned out of desperation now though the CCP can commit to tackling the boomer question in a manner that would be absolutely impossible in the west.
A minor market correction in which a very small number of 83 million chinks will die horribly of famine and disease
>>538414600>15 posts by this ID>I shall suddenly shift tactics!LMAO>>538414615>now though the CCP can commit to tackling the boomer question in a manner that would be absolutely impossible in the west.Onions Green?
>>538410397Depends on how it's affordable. Massively depreciating houses isn't a good thing either since now you're stuck with it forever and whatever interest rate you got. Enjoy living in a town that becomes filled with niggers and jeets because you can't sell without a massive loss.Everyone in this thread is retarded. Stagnated wages are the problem, not house prices.
>>538407348not my problemif you treat housing as an investment, you deserve to lose a gamble once in a while
>>538414615Because that's how they solved their population imbalance the last time, through mass murder.So if I was an aging, infirm Chinaman I'd be really fucking worried atm.And you are right, our Government can't "solve" these sorts of issues by a Mass Death decree (sorry Steven Miller).
>>538414720What shift in tactics? China has improving standards of living while America is turning into an unliveable shithole where most Americans have zero hope of ever owning a home. China is the workshop of the world while America builds zero large ships per year and has essentially no steel industry. About the only thing we produce in meaningful numbers are airplanes which we barely even export.
>>538407396Ahhh you bastard you beat me to it.
>>538406918>Homes get cheaper>Somehow this is badYour brain on Milei
>>538406918>What's the next step in their master plan?Next step? They're in a deflationary crisis so they're trying to export their excess production to the rest of the world and cause a deflationary crisis. If you thought covid was bad, involution is way worse. It looks good because products are cheap, but you hollow out your domestic economy in the process.
>>538414915Don't get mortages. Imagine thinking that getting a "death pledge" is a good thing.
>>538407348113 vs 86 is still only a max 32% fluctuation in price. Compare to the US where home values have increased roughly 95% over the same span of time.
>>538414047Dude... the west already had its massive real estate bubble burst and it triggered a global financial crisis that took a decade to recover fromAnd that happened in countries where people actually have diversified portfolios. But china has roughly 70 percent of its entire household wealth heavily concentrated in property alone. In short, a crash there means total economic paralysis, not some healthy correction lol
China will set the true price of gold in the next little while.
>>538407077you say that like the US government couldn't compulsory purchase your property on a whim
>>538415003>deflationary crisisnooooo, lineMUSTGOUPFOREVER!!!!!!!!!!!!!!!!!!!!!!!!!!!
>>538414923The problem is, a lot of things you traditionally invest in are closed to the average Chinaman. Buying up foreign stocks gets you bad attention, you are seen as moving money out of the country.Domestic stocks are an entirely rigged game.You can't own actual land.The banks aren't paying savings interest of any note.So real estate was the only alternative to just sitting on money (which the Government was also taking a dim view on).
>>538406918To bad that Americas economy is to weak to let real estate prices come down to fair prices. I guess China wins again.
>>538414720No need for that they go do things like the chart op posted without breaking a sweat because they realize it's infact entirely necessary and the chickens will come home to roost inevitably since they're not going to rely on mass imigration to prop it up artificially.They're league's ahead of us in this regard another thing is that the Taiwan question as well forces their hand in a way to retain some degree of loyalty to fighting age men.
>>538406918Jews really have taken over Argentina, haven't theyhigher real estate value=higher property tax and rents
>>538406918Get Private Equity to invest inChinese housing.It'll drive the housing market sky-high, just like in America.Of course, no one will be able to afford to live in them, but hey, the important thing is to create shareholder value, right?
>>538407316Construction was the biggest industry in the country and real estate was one of the primary means to build wealth. China isn't in the boom phase anymore and has an absolutely massive surplus production of everything related to construction such as steel and concrete along with workers who have spent most of their adult lives just building. its a huge problem for them.
>>538410765>recolorized photo of a boomer economically consuming a zoomer with high rents, 2026
>>538414970Then why are you posting an American flag Chang? Why hang out in creaky old USA instead of cutting-edge super advanced Chinese schools, you pompous imbecile?
>>538414923It is an investment turkroach. Imagine being so retarded you think places stay the same desirability forever.
>>538415029How will that affect you Indian CEOs saar?
>>538413773>the fact China government doesnt enable, create and protect literal gambling schemes that are rigged to milk the masses with their basic necessities and make the wallstreet rape gangs running the gambling scheme richer is something negative (for amerimutts who cant use it to fuck over china like they did with other markets) - which is just another amerimutt cope spin like the whole point of this mutt shill threadftfy
>>538415029What the west had wasn't a "healthy correction" it was brief dip back to reality before the uber bubble here in Canada we didn't even get much of a dip at all.What's happening in china right now is what an actual correction looks like it's not booming up again there's no mass imigration to force that to happen housing will cost for the younger generation what it cost for boomers but the youth will be wise enough now not to think of it as an investment any longer the problem is fixed permanently at least in this century.
>>538406918It's dutch banks that lose the money.
>>538415214I was born in and live in a dying ciuntry and refuse to shit up other countries by leaving my dying country to fuck up theirs. Not everyone who disagrees with you is Chinese or Jewish or whatever, most Americans realize our country is a rotting husk.
>>538415337It's not a bubble dumbass. Look at your population growth in the last 10 years. Kick out the millions of jeets and chinks and your prices will drop.
Y-yeah bros I totally hate Communist China because *checks OP* housing prices are affordable
>>538415337>but the youth will be wise enough nowThey are literally being told what to do by their Dictator, that's not "wising up". If he told them tomorrow to throw their last cent into housing, they'd pretty well be obligated to.When you work for a housing construction company (and they are massive in China), you can be OBLIGATED to hold and not sell their stock, all the way down..>The wise Chinese youthLol. LMAO. Only a expatriate Chang could type such a stream of drivel.
>>538415464The price increase is because of how interest works retard.
>>538415166PE owns 3-4% of homes in the US. Find another boogeyman retard.
>>538407077You’re a retard. There is a shitload of 99-year leases in Britain, especially London. Do they not have a real estate market? Here in Orange County, California the Irvine Company sells million dollars suburban tract homes with 99-year leases. The value stays intact for at least 30 years (and the is the probability that it becomes more valuable) but the closer to the end of the lease, the less it is worth.
>>538415540Kek, you think chinks don't have interest on their home loans? Get rid of the memeflag queer.
>>538414002>Chinas president should have said thing abitrary years earlier than he did>now china has collapsed according to amerimutt regime shills like me, which we will claim any year either ways regardless of what and when Chinas president said or did anythingOh no if China only listened to seething Amerimutt shills that server to destroy China!!! Then China wouldnt continously make Amerimutt shill armies seethe and cope to this day!!
>>538407077Real estate investing is popular and allowed in China.>>538412134>>538412261No they can’t unless you let them. It is important that you know or else they’ll do it. This has been recently settled. Gob not supposed to take your two hundred thousand dollar house because you owe two hundred in tax. They may force you into a situation to sell it or something tho.
>>538415231then why do you have a problem with it. gambling and losing isn’t exactly unthinkable
>>538415633>real estate investing is popular in China Not anymore lol.
>>538415623I'm sorry, I don't talk to memeflag Poos and Chinks. At least larp a National flag at me.Thanks. This is your only response saar.
>>538406918Oh no, chink zoomers can maybe afford to buy a home and start a family now?
>>538409207Jeffery Epstien called this guy a peasant and I think I like the sensibilities of peasant leaders.
>>538415633>No they can’t unless you let them.It will take a long while while you build up tax debt, but eventually when it's enough they can claim the house. No, I never implied they seized your home on a thousand dollars of back property tax. They'll either nip it off your selling price, or eventually claim it when you rack up enough.
>kek dont you think chinese wold prefer to have their entire country destroyed by entertaining amerimutt regime propaganda ramblings?kek you think we believe Amerimutt regime shills spamming the same retarded Amerimutt regime script all day have the wellbeing and interest of Chinese or any people in mind? Keep samefagging on your dozen vpns
>>538415513People in china don't give that much of a shit about what xi says on average it's not north korea. They're forced to react to what xi does though yes but the youth aren't going to shed tears about it because it directly benefits them retard.They'll be wise not to use property as an investment because they just saw first hand what happened when boomers tried it.
>>538415703Problem with what? Declining house prices means your location is less desirable than it was previously
>>538406918Weren't these all investments?What happened? I remember when their ghosts cities were in the news.
>>538407077>How do you have a real estate market when you dont actually own anything except a 1 year lease from the Amerimutt regime which the Amerimutt regime can and does cancel anytime it wantsWhy are you pretending to be retarded?
>>538410134Chinese college graduates are facing 15% unemployment rates. Their government even proposed visas for high-skilled workers. Maybe they should try jeets for population replacement.
>>538406918BRICS is collapsing worse than most countries since 2022; they're just pretending not to be. India in particular is in full on collapse mode. meanwhile, the western media fuds America and trump 24/7 and claims BRICS is the future or something. it's a weird system.
>>538416054so i even have less competition? sign me the fuck up
>>538416450What's your iq turkroach, I'm guessing under 80.
Ooooh NOOOOO, affordable housing, how can the Chinese can survive this horrible reality ?Quick, give me back by western overpriced cuckshed that benefits Shekelberg and brain dead boomers
>>538415337You are talking about a dead economy with structural collapse as if it is some utopian correction.Housing becoming cheap does not matter when the entire younger generation has zero purchasing power because their families entire net worth was just erased.
>>538415464It's still a bubble because the population increase isn't sustainable long term.They'll worsen the economic conditions (among other things) to the extent that any immigrants who can choose a less saturated location will choose that location instead thus we'll only get bottom of the barrel which will expedite the process from there.
>>538408663Totally forgot about the dating aspect. Chinese women sound awful.
>>538406918Who gives a fuck? This has zero context. If prices go down, this might be bad for hodlers and good for buyers, and vice versa; but which of those would be good for the nation as a whole? This stinks of boomer surface level info-tainment distraction.
>>538415961>dozen vpnsHow about you show your real flag you scared little bitch?
>>538416576>this has zero context Oldfags on /pol/ have been tracking the Chinese economy for longer than you’ve been alive. It has plenty of context.
>>538416498But the Chinamen already invested in these homes a decade ago. If they're paying a mortgage, many of them have lost money at this point.
>>538416519If young people's purchasing power mattered to the extent you assume the west would've collapsed long ago.Idk what you're smoking but white families don't operate in this collective manner where the family's wealth is transfered to the kids early on in any meaningful way the condition you're speaking of has afflicted our economies for decades already
>>538416498Do you understand that housing prices don't matter if wages keep up the same? Of course not, you're an Indian who works at Timmy hortons.
>>538413722Fuck no, nigger
>>538416576>good for buyersChinamen brag about their 90% homeownership. The only people benefiting from this are foreigners or businesses buying up properties.
>>538416663Old speculators losing money to give way for younger generation to be first home buyer ? I think I will shed a tear.With the abysmal home ownership rate we have among younger generation we have no lesson to give
>>538416742Yeah sure bro, in North America wages are going up at the same rate as housing. Especially in Canada. I don't know what you're smoking but you should slow down cause it's melting the few brain cells you have left
>>538417118Wages aren't going up you turbo tard. That's the problem, not housing prices. If wages kept up, housing going up benefits everyone. Go back to work pookesh.
>>538416688The real issue is that China's real estate crash didn't just lock up the purchasing power of the younger generation, it heavily trapped the wealth of every single age group, especially the middle class and the elitesAgain, about 70% of total household wealth across the entire population is heavily concentrated in propertyWhen that crashes, it doesn't just create a struggle for young buyers, it instantly eviscerates the accumulated lifetime wealth of the entire nation
>>538416831You're arguing with literal retards on here. They can't comprehend what you're even talking about.
>>538417260So how do you propose accomplishing that give me the plan in detail
>>538417448By electing old Jewish lover boomers over and over
>>538417310>Again, about 70% of total household wealth across the entire population is heavily concentrated in propertyExplain how you keep it there.Now Explain how you keep it there without turning China into india.Oh oh looks like some boomer fucked up planning the economy decades ago and there is no way out besides a crash.Kicking the can down the road accomplishs fuck all the youth need homes now.
>>538417680You wouldn't have to just completely stop building property despite the construction industry being huge you'd have to actively demolish like half to two thirds of the houses in existence within the nation in a massive fuck you to all the fighting aged young men who cannot get a woman without first attaining property of their own as per Chinese custom right as geopolitical tensions are rising btw.
>>538418050Which would be impossible too because that would equally fuck over all the boomers who own those properties.Whats happening in the Chinese housing market now is the least damaging way out it's the only viable way out and it's happening whether they'd like it to or not as a response to their demographics and construction industry going wild off speculation over the last 20 some years.
>real estate "gains"Real estate does not produce wealth. Making housing affordable for young people is great.
>>538406918>Housing is getting more affordable in china. Isn’t that exactly what the congress is trying to do and trump blocked it? Looks like another win for china.
>>538410712This is equally true for a lot of the UK, I bought an apartment in London in 1990 and was startled to discover that I did not own the land it was built on and had to pay 'ground rent'.
>>538406918Houses are for living, not for speculation
>>538418866yeah but that's clearly laid out before you buy it and it's between you and the owner of the land, not the government. it's called leasehold and you are buying the right to live in a property for a fixed number of years.
>>538418865The bill will still pass into law. That's just political theater
>>538419044Wow I feel so much better that I got to pay both a mortgage AND enrich a private landlordAt least if you pay the government it goes back to the nation as a whole
>>538418865>>538419166I don't get how it will decrease housing costs, states have their own laws in place. Is there no push back from governors and state politicians? Seems the environmental review would be shot down in any other case.
>>538419563It's typically in highly sought after areas where the land is very valuable, like flats in London.Less than 20% of houses are leasehold here, and 70% of them are flats. It's not really the same thing as the CCP outright preventing you from owning any land.It's not unusual for land to stay in the same family for hundreds of years. The Broughton estate has been in the same family for 900 years, for example.
>whats todays reason to hate china?>checks notes....>hmm.. ok i guess...>I HATE CHINA BECAUSE THEY CAN AFFORD HOUSING IMAGINE LIVING IN A SOCIETY WHERE YOU CAN AFFORD HOUSING LOLOLOLOL!!!!
>>538408668>debt>human rightsI have the right to not be a slave to jews.
>>538419961I understand thisI am just very against landlords, for similar reasons to both Marx and Adam Smith
>>538406918oh noes, affordable homes!
>>538407348>Having a place to store your shit, take care of hygiene, and sleep safely behind a locked door is a shitty investment.Yeah, housing isn't an investment boomer kike.
>>538407077You say that like all claims of land ownership are guaranteed forever. If the government collapsed then your deeds would become meaningless. They only mean anything right now because the government is around to enforce it.
>>538407341>argentinian opinionlol
>>538406918Looks like deflation.
>>538420280average house size in china is 550 square feet. lol.
>>538421432Yes it is you fucking turbo moron. You're making an investment that your area stays desirable. Holy fuck you people are dumb.
>>538420512Go buy a 10 cent house in Detroit then dipshit
Now do us
U.S. real estate market is in the world bubble in world history retard.
>>538406918"houses are for living in not speculating" - xi xiping
>>538422012Go to Detroit then, plenty of affordable houses there.>Reeeee I want a house in a desirable place!
>>538421634yeah and you pay 1000 bucks a month for that if its in the middle of nowhere and 2500 if its anywhere near employment
>>538406918crashing this economy... WITH NO SURVIVORS
>>538422085That's the party line after they over built tens of millions of shitboxes and everyone is underwater on their mortgages.
>>538410712They just renew the lease.But what happens if you can't renew the lease?We have a lot of buildings like that here too, you can own the building but not the land underneath
>What's the next step in their master plan?Keep hiding it as long as international kikes can cover it up, and when the domestic ructions become a risk to party stability, project outwards.>Taiwan>Spratlys>Japan>Buttrat
>>538415195kek
>>538406918>Great news! Cheap houses for everyoneLosing or winning depends from view.
you realize their real estate market was a complete ponzi? they treated it like a get rich quick scheme, all the retards went into debt buying empty apartments nobody was buying and now they have cities full of half finished apartment buildings
>>538406918Armies of shill bots and influencers
>>538407348Why is that a bad thing? They agreed to the price of their house at signing. Of course it's over inflated. You feel sorry for a bunch of fools? Kek
>>538423086people were buying them though because china has aggressive goals for urbanizing the country. They are taking all the rural farming peasants and moving them to cities to be factory workers. This is still going on and will be for some time. China has a shit ton of rural peasants. It's just that growth from urbanization stopped paying the same dividends as it once did so the price of homes became overvalued.
>>538408298My 22yo nephew just bought a banging double wide for his wife and two kids.That was only after 3 years of being a welder.I'm a trucker with a wiife and kid and bricshit house.Get a better career niggers
>>538411785to be fair gdp and it's growth are a fucking meme, considering how the majority of countries with high amounts of growth are hellholes who can grown by a huge % since they didn't had any economy before (and they likely are gonna return to the same state once they fumble it again lol)
>>538409207>>538406918
