What the fuck is going on? Is this something that’s totally suppressed or something? If this happened in the US it would be a fucking apocalypse.
>>538455129whats so catastrophic about homes being affordable anon?
why does the value of property have to go up foreverseems counterproductive to people being able to afford homes
>>538455186What’s so catastrophic about the primary investment vehicle in the country dropping to nothing?
>>538455129De-coupling from the west.Its a BRICS world now.
>>538455226This.The western way of thinking everything has a price has made the US an unlivable nation.
>>538455309Housing should not be "an investment"How much am I being baited right now
>>538455226Property values going up pays for the interest rates on mortgages from when property values were lower.Ban usury.Outlaw the stock market.Economy solved.Fuck the corporation's they're not human persons.
>>538455186The wumaos have given up lol.
>>538455129the Chinese are right in popping the real estate bubble before it gets too big. housing is a human right and not a commodity for capitalists.
>>538455129they are too busy mining asteroids
>>538455412The Chinese consider it an investment…that’s why prices were so high for decades. Or were. Why is this board pretending this is not a big deal? Is anyone in this place an adult?
In China, a dictator emerges every 60 years and destroys their own country, so we don't need to do anything regarding China.The Communist Party regime will come to an end in the 2030s.
>>538455760the government doesn't and thats what matters. back to Fox news you jewish shill pedophile
>>538455309>primarly investmen vehicledisgusting kikery hoinestlysecond property or third property and on, in ownership, no matter how colluded and muddified should be taxed x100 time the usual rate
>>538455412>Housing should not be "an investment"sounds like something people should've been told before they put the money they borrowed under the table from their extended family coupled with their entire life savings AND a mortgage into it.Unlucky.
>>538455799It's already coming apart right now. The wumaos will post their lame and gay memes but some of us have actual trustworthy connections in china and they have some worrisome things to say.
>>538455760That is false, they offer 100 year leases in China. Nobody owns homes
>>538455826>>538455813But the government DID say it’s an investment vehicle. They just collapsed in value. Why is this board nonstop dicksucking China even when literally 20 trillion dollars of value evaporated in just a few years?
that's actually a good thing, it means that there's so much available housing that landlords cannot increase the rent or sell at a profit. I live in a country where finding an appartment for rent is literally more challenging than securing a Phd funding from a top ivy league school, even by making extremely good salary.
>>538456176back to oven you go shill lol
Imagine buying a house and as soon as you actually start paying more into the loan principle, the value collapses.
>>538455412It's kind of weird in China. From what I remember investing in businesses is difficult in China, so people put their money in extra homes to protect themselves from inflation.
>>538456342>don’t suck China’s dick? You’re a shillMakes perfect sense, /pol/faggots will defend China even if they have no idea what they’re even talking about lol
>>538456344imagine not needing a loan to buy a house
>>538456548China and Russia are based your boomer talking points don't work anymore
>>538455129If the Chinese government can completely gut the horrifically corrupt real estate grift and contain the economic fallout and still diversify the economy and show an increase GDP activity...WHY THE HELL CAN'T THE AMERICAN GOVERNMENT DO THE SAME?!China has shown that it's 100% possible to reform the real estate market.Why isn't Congress doing shit about it?!
>>538455309>primary investment vehicleNot the case in China, which is based. Housing should not be a commodity for speculation
>>538455412It's really not. It's more of a hedge against inflation.
>>538455129>What the fuck is going on?https://en.wikipedia.org/wiki/Houses_are_for_living,_not_for_speculationIt's CCP policy.
>>538455129This is the most antisemitic thing since the holocaust.
>>538456786I wonder...
>>538455309Jews lose
>>538456623ANTISEMITE! AAAAAAAAAAAAAAAAAAAAAAAA
>>538455309>>538456830Housing is quite literally one of the only things normal people in China can invest in. They can’t invest in markets in the same way we can.
>>538455412Why shouldn't it be?
>>538455760You haven’t figured out /pol/ is largely socially inept poor losers yet? They understand politics and that’s it, and even then it’s rare now.
>>538456998>they can't throw their money at a gambling market rigged by kikes!
>>538455309Xi said in 2016 that housing shouldnt be an investmentJews should have listened
China never built the homes, so there's nothing real to accrue value anyway. Families that invested in unit 1038 in a high rise that was never built, and was essentially a Ponzi scheme, are fucked. They can't even live in it rather than sell because there's literally nothing. They don't even own the land, since there is no land.When half your housing is theoretical and on paper, of course it will crash when there's no tangible assets to get a hold of.
>>538457061>tfw to intellegent and educanted to rule china
>>538457061nooo, instead of investing in trump coin govt is pushing me to start a business, pls help I want to be free.
>>538455129Real State in china is an industrial development asset, not a commercial front from banks
>>538456637Your based country is the one that considers homes to be an investment vehicle retard. Your entire personality is defending a country without knowing anything about it lmao
All I hear is a bunch of Broke Bois who can get on the real estate ladder.Have you tried not being poor?
China managed to deflate its real estate bubble without causing economic meltdown. This is a monumental achievment and should be studied by governments all around the world.
>>538456909>this crash that’s happening in the market now?>yeah it was all planned actuallySo I’m going to guess it’s a fucking disaster and this board is just shill central. Look at all the dicksuckers coming out of the woodwork to defend 20 trillion fucking evaporating lol
>>538457279The housing collapse IS the meltdown though
>>538457287>this crash that’s happening in the market now?Who fucking cares about crash. Are you landlord or what?Home ownership in chi-nah is over 90% and that's the only metrics that matters in regard to housing.Want to invest and earn? Open factory instead.That's the message of the CCP.
>>538455129> If this happened in the US it would be a fucking apocalypseIn China the Communist Party has 100% control over the banks.In America the banks have 100% control over the government.
>>538455129>implying the USA isnt about to experience the same exact thing
>>538457339what collapse? are they building less? are people getting foreclosed? is there a great panic spreading across other financial sectors? no, houses simply lost value.
>>538457374> Who fucking cares about crashThe ones that invested all of their money into a home they planned to use as an asset to store value. No seriously does anyone that has been paid to shill for China know anything about the real estate market? At all?
>>538457339seems fine to me
>>538457339I always enjoy going back 5 or 10 years and reading doomer headlines from idk cnn or financial times how china this will collapse, china that will collapse and nothing ever happens, there's only one way line goes in chin-nah and it's up kek.
>>538456786>buy house in china>sell half the apartments>company goes bankrupt>never built or finished>state steps in (sometimes)>finishes your apartment>turns the rest into section 8 >say thank you
>>538457497Yes to all of your questions, how do you not see how tanking home values would regularly lead to those outcomes?
>>538457502>The ones that invested all of their money into a home they planned to use as an asset to store value.Can't do that in china, that's the whole point.Investing in "home" is cancer that is eating west alive.
>>538457550Yeah, the home prices went way up…then crashed.
>>538457497Simply put: the people who worked to fuel China's rise over the last 20 years did it >for free.
>>538457672You CAN do that in China. Or could, before it went tits up. That was the point, that’s why it’s a big deal
>>538455309The fact that housing is considered an investment vehicle in general is kinda fucked. i understand why but still..not great
>>538455129Didn't they do this on purpose?
>>538457707they did it for a house they still live in>>538457632yeah if you're in burgerland. that's why I called it a monumental achievment, because those things didn't happen.
>>538457724you people must be buck broken by the jews or something.
>>538457736maybe when you delete productive labor the only thing with value is land
>>538455412tell that to the ching chongs and little hats
There's nothing more pathetic than a White person who fell for Chinese propaganda.
>>538455186People walking away from their homes they've put their lifeblood into?
>>538457917problem is chink propaganda is truth these days.
>>538455186Why do you pretend to not know how things work? If you bought your house for 200k and then suddenly it's worth 50k do you suddenly not owe that missing 150k? You can't have it both ways. All last month you dumb yellow niggers were bragging about how 90% of Chinese own their own home. And now your dumb ass is pretending 90% of the Chinese people being upside down in their homes is a good thing? For what? So you fuck over 90% of people so 10% can afford a house?
>>538455760Well if i was a chink and lived in china, i would be worried.But i'm not and I don't, and we will continue to bail out greedy developers who overbuilt here in the West.
>>538457775Yes they did, and still are. Foreclosures are up, specifically due to collapsing home prices. I’m assuming you do not own a home.
>>538457775>they did it for a house they still live inWhich is more like a deluxe prison cell they now live in unless they want to lose even more money.
like gengis kahn we should grind down all the richfag homes into sawdust then shove it down rent seekers throats becuase all they care about is greed and have no understanding what greed does to a currency over time
>>538458006you're crazy anon, there's no other explanation
>>538455186That’s where the chines people parked all their savings for the past 25 years. Given that they had very little other investment options. Imagine your retirement account going back to 20 years ago levels. China is fucked and would collapse any day now.
>>538458082literally nobody but burgers think about housing this way
>>538457794Yes anon, I’m buckbroken by kikes, even though you’re the one mentioning them apropos of nothing
>>538455309>primary investment vehiclethat's your problem
>>538458127I'm going to be ambitious and assume that the Chinese want to keep the things they've worked hard for even if they're """communist""".
>>538458096I highly doubt you have ever owned a home. In fact, I think that’s what’s really going on here: /pol/faggots know they have to defend China because China is based and hates kikes. But they have never owned a home and never even looked up what home ownership entails, so they think if the housing prices drop 90% then you can just go to the house store and buy a new one for 90% off unlike everyone else.
>>538457752>Didn't they do this on purpose?They did. The Chinese governments policy is that housing is for people to live in rather than speculation. This has lead to 95%+ home ownership in China.
>>538458127Based on the collapsing home prices, I’d say you’re pretty full of shit anon
>>538455129The Chinese invested in real estate in what turned into ghost cities. There is too much supply and the population is falling making things worse.
>>538455309Sounds like people shouldn't put all their eggs in one basket when the market crashes boomers and jews are going to kill themselves in mass
>>538458203do you think the couple that bought a house to raise a family is thinking "oh no now that values are down I'm locked in this prison I build my life around"
>>538458379Yes, with whatever the Chinese version of "fuck my shitty nigger life" is attached to it.
>>538456786The American government and Trump especially wants to keep real estate prices artificially high to keep everyone from owning a home.
>>538455129>What the fuck is going on? In China construction boom got too far....they built cities full of apartments so they actually have now too many of them.
>>538458379Yes. Because like 3/4 of China’s household wealth was tied up in the house. And the family is now underwater in their loan…
>>538455129They have no population growth. So no demand. >>538455186Poors shouldn't be allowed on the internet.
>>538458570loan doesnt change though? youre paying the same you were always going to pay.>b-b-but now it's for less value in returnthe return is the house youre living in.you guys really have a sickness lol
>>538458570Any asset can devalue if you didn't plan for that you are to poor to buy a home
>>538458599>poors shouldn't be allowed on the internet because they think young people affording homes isn't a world ending issuerich people or anyone who identifies as such should be hanged.
>>538455760The Chinese consider owning real state OUTSIDE OF CHINA an investment.
>>538455129It's enacting total boomer death in China, which I can welcome. TBD is welcome in any country.
>>538456998Oh no not the heckin stock marketerinoHow are the CCP party members' families supposed to profit from shorting oil futures via market manipulation going on against the backdrop of shortages an unprovoked war of aggression they started caused??
>>538456344/pol/ is retarded nowadays so they are actually cheering the Chinese government rugpulling their population the moment they had any sort of middle class because>muh communism housing should be affordable (ignore it was most affordable in the capitalist consumerist boomer economy pls)
is this really the thing that divides pol? if you think housing is an investment you are jewish at heart, I'm sorry, it is what it is, you have been mindraped by late stage capitalism and jewish indoctrination from birth
>>538458996
>>538458999>if you think housing is an investment you are jewish at heartWhy do "volkists" not believe housing should be an investment? Do you not believe generational wealth exists? Does it not take the form of property nor a house? You're fucking retarded, made especially evident by your faggoty AI image.
>>538456162you think you own that home in the US?lollmaogoy are fucking stupid.
>>538459118
>>538459118Housing as an investment lowers generational wealth overall by making it so that housing is permanently getting more expensive. It's also an unsustainable pyramid scheme because, invariably, the price rises faster than wages, so sooner or later, the system grinds to a halt and the last buyers get fucked over. The sooner it dies, the less painful it is for society.
>>538458599>They have no population growth. So no demand.This isn't quite how this works, because urbanization would still drive people to cities. The real problem is they tried to leapfrog the organic demand and growth by just building the giant cities that were going to be needed. But it turns out they're in the wrong spots, they don't have the businesses to feed their existence, and if you can't actually provide the jobs that drive urbanization and pull stupid farming chinks from the rural areas into the cities so they can "make it", then you don't have the engine to keep the city alive.
>>538458710No, the loan doesn’t change. And now if you fall behind on your loan the asset can no longer cover it. And unlike in western countries companies in China can garnish your wages to cover it. Seriously no /pol/faggot has even Googled how home ownership even looks have they?
>>538459193this was almost the most jewish show i ever watched
>>538455412Except it is in China since they don't have a legit social security system, hence why it's a problem (to answer this question: >>538455186)
>>538458785A house is an expensive asset typically bought on a loan. An asset you take out a loan to buy devaluing sharply is bad.
>>538459261They were pretty upfront about that.
>>538458868Is that why 3/4 of all personal wealth is (or was) tied up in real estate? China really should have told them before crashing the economy
>>538455129Whites can't decide if they want affordable housing or Billionaires sucking off of them
>>538459118Because houses are for living in, not speculation. Pretty much top of the hierarchy of needs next to food and water. If you own your house to live in, its value decreasing does not matter. Decreased value only matters if you are treating it as an investment, i.e. speculating. Boomers selling their houses so they can fund cruises 6 months out of the year might look good for the GDP in the short term but in the long term combined with mass immigration you are creating a housing crisis for younger generations, which is neither sustainable nor beneficial. If Chinamen have high home ownership rates and will their homes to their offspring to live in, who cares if the value decreases?
>>538455186Ask boomers.
>>538459202How is that working out in Canada?
>>538459051>uh oh, criticizing china? Just call em a kike that’s my one move/pol/ - Penises, Oriental, Licking
>>538459293>takes out massive loan>asset devalues Sounds like they shouldn't of overextended themselves then >
>>538458996>>538459398Very few Chinamen post here. Most posters are angry low information westerners that look up to the based Chinese government because there is a strongman leader and it is seen as a powerful enough alternative to the Jewish world order. They don't care about the government fucking over Chinese citizens. When the CCP decided to dilute the yuan by 10% at the expense of regular Chinese savers it was applauded here. To some extend I can understand the point. The lives of the regular masses of Chinese people don't directly concern us, we may just want the Peking state to be strong to act as a counterweight to Zioshington, but it's clear many anons are delusional about le based trad CCP.
>>538459398>>538459317>>538459293>>538459240
>>538458999This. You don’t need to declare yourself as jewish to be jewish. The brainrot affects all nationalities.
>>538459420the total inability to endure short term pain for long term gain is why the west has been completely incapable of tackling big problems for the last 50+ years
>>538459118Because it’s not an investment. It’s where you live and bring up your kids etc.
>>538459365>If Chinamen have high home ownership rates and will their homes to their offspring to live in, who cares if the value decreases?Everyone who invested in it. This was where the middle class were told to invest their money by the state. Then the state went "Actuarry we dont like rear estate" and immediately killed the market, and in direct spite of the retard spamming Jew pictures Jewish tricks will be used to transform all those middle-class defaulters (probably most of the middle-class in general, as it won't exist in China anymore) into state-owned wealth, because this is exactly what the Soviet Union did.>NEPs>forced bond campaigns>currency reforms
>>538455129If this happened in the US young whites would buy homes and have kids. Cant have that.
>>538455129Welp theres China's great recession. Thats on par with the 08 housing crash.
>>538459482It is completely delusional to frame any actions of the state apparatus as some grand scheme into the future, as opposed to the plebeians that would waste life in frivolities. The USSR had propaganda about "starving to greatness" through much of its history. The state and their cronies fucking over the citizenry is not something to celebrate, even when said state is opposed to zionism or whatever.
>>538455309“Investment” should be illegal.The stock market should be dismantled.If you don’t live in a home for at least 6 months every year you should lose it.Fuck boomers and their predatory passive income. Being born at the start of the ponzi scheme doesn’t entitle you to live like kings off the backs of future generations. TBD TKD
>>538455129I wish that would happen here.
>>538459518>generational homes should be magically respected by the state and not backed by monetary worth or anything
>>538459672yeah yeah any sort of change that might hurt the people in the short term is the state fucking you overenjoy your triple lock, cant have anyone ever possibly lose anything until the whole system implodes
>>538455129Their population is shrinking like everywhere else, only they don't import huge amounts of shitskins to keep prices stable.
>>538459731Why is the state looking out for your best interest so far-fetched you frame it as magic?
>>538459759>why yes the state fucks you over>but they are farreaching seers>it's for the greater good, shut up peasantCompelling argument.
>>538459413>>538459413Yeah it does. Now 20 trillion bucks have disappeared and fucktons of shills on /pol/ are thinking of how this can possibly be good for everyone!
>>538455309https://en.wikipedia.org/wiki/Houses_are_for_living,_not_for_speculationHouses scalpers should get hung. You willing to live all your life in poverty to LARP as a landlord is what prevent people to buy a house.
>>538459552It's not investment if you took out a mortgage, it's speculation, no different from gambling on the stock market. Actually, even worse, since a loan was taken to do it with. I have no sympathy for retards who borrowed money to buy something, betting that it will go up in price.
>>538459612>Welp theres China's great recession. Thats on par with the 08 housing crash.China doesn't have such large jewish financial markets as the west. Nothing will happen, except that young chinks will be able to buy a house earlier in life.
>>538459886>nobody ever plans for the future>actually politicans plundering the state to hand out benefits to everyone and buy popularity is based>trying to make sensible, sustainable policies that arent financed by the debt of future generations is bad you know
>>538455950The CCP have been encouraging their citizens to invest in gold well before this shit went down.
>>538459886I doesn't take a seer to know that killing usurers is for the good of mankind.
>>538459685Why do people that know nothing about anything feel so confident saying dumbass bullshit like they’re some visionary?
>>538459552Wish we'd institute the same policies here desu
>>538455950Their emperor announced this policy 10 years ago.
>>538459893No different then people betting on the wrong stock housing is always going to go up if it's always going up then you are just fucking over future generations these people took out a loan on speculation and lost I don't feel bad
>>538455129HOLY SHIT, LIVE FOOTAGE FROM SHANGHAIhttps://www.youtube.com/watch?v=Eu71BUh6AaU
>>538459923Leveraging something financially is the basis of most speculation. And it's also the reason why the western financial system is a house of cards that can collapse at the slightest tremor. There is virtually no asset in the west that isn't mortgaged multiple times.
>>538455309entire middle class family fortunes were wiped out. If you protest about it, you are jailed for life and beaten in China. Truly a hellish place to be.
>>538460024>>538459980The Chinese government spent decades canalising investment into real estate with their drastic constriants on everything else. Now they are mass defrauding the Chinese middle class by claiming that the one investment they made near mandatory for decades actually turned into bourgeois subversion in 2020 or so. There are anons on there that project their rent insecurities on China and claim it's some based 5D chess move by the CCP against the evil kulaks.
>>538455360Yea. Only jews think like that. Other humans have some sacred boundaries not to cross. Jews are of the devil and hold nothing as sacred beyond money. Exactly like Trump
>>538460284No one is forcing them to sell their houses at low rates they still own the asset
>>538455129Be “Judeo-Christian” country (west)>we make fiat currencies Be Chyna >hold my tea we make fiat housingWhat can possibly go wrong?If I got you working for me but I payed you with copied Monopoly money but I had you so brain fucked that you thought it was real money and you kept working for me for free to me copied Monopoly money does that make you my slave?It’s called babylonian money magicEnd the FedPSAnybody think JFK was joking?Don’t answer that most of us are dumber than the slaves of 1860s due to FLUORIDE MICROPLASTICS and eating GOYSLOPS
>>538460286it's 5D chess for the good of the chinese people
>>538459871Because when the state invariably becomes a bunch of shitheads with guns, like it does throughout history constantly, legal basis and economic leverage might save your stupid life.
>>538460284>If you protest about it, you are jailed for life and beaten in China. Truly a hellish place to be.You're right, the chinese government should give in and import tons of shitskins as a form of demand, just like western governments gave in to boomers.
>>538455129Shut up you westoid goblin. You think you understand it) to you don't. What gains? The CCP owns it. What losses? Nothing.
>>538459916Someone should have told every single homebuyer then, they all blight them under the impression they could use them as a store of wealth. Should the CCP have informed the hundreds of millions of people?
>>538460345Kind of like when they began welding people into their homes and black-bagging them during the wu-flu.
>>538460402You tell him Ping Pei
>>538460160It’s completely different from betting on the wrong stock. You’ve never owned a house or stock if you think that’s an apt comparison
>>538460352It won't though legal and economic games will always be squashed by the state if they truly want they can fuckingproject thoughts into your head from your phone the law means nothing to them
>>538460336>No one is forcing them to sell their houses at low rates they still own the assetIt's not quite that simple. If the value of your asset is no longer sufficient to secure your loan, and you don't have the money to make additional payments, the bank will indeed force you to sell.
>>538457917Chinks shoot their billionaires, and build their empire to promote stability. Yours rape kids while you get attacked in the subway and beg for pennies.
>>538460464The market will correct itself they aren't forced to sell their homes at the new rate
>>538460136>Wish we'd institute the same policies here desuHave you nooooooticed what the fuss was abuuuuuute down south eh?Life, Liberty and the pursuit of Happiness.--That to secure these rights, Governments are instituted among Men, deriving their just powers from the consent of the governed, --That whenever any Form of Government becomes destructive of these ends, it is the Right of the People to alter or to abolish it, and to institute new Government, laying its foundation on such principles and organizing its powers in such form, as to them shall seem most likely to effect their Safety and Happiness.
>>538460510If it's on a loan it is not theirs the bank owns it
>>538455186IT'S PRACTICALLY ANOTHER SHOAH WTF YOU MEAN ?!?
>>538455129The line isn't real the buildings and infrastructure are real.
>all the obvious wumao postas ITT
>>538455309>"Oh no, how else will multibillion dollar jews and also boomers, who dont have real jobs and have fake money-printer jobs, be able to fuck normal families out of being able to have a place to live and ever have a home where they arent debt slaves who own nothing!"Its tragic...
>>538456060What connections? All you FP is is write lies.
>>538460524>Chinks shoot their billionairesWhat do we do with ours that doesn’t tow the line?
>>538459293>house>asset>loan60 years ago in my village my grandparents built our home to live in it without any government papers, loans and other shit.Nowadays you really cannot do it because government watches everything you do and you need papers to have a place to live in.You are just brainwashed by jews retard. Housing would never be investmen asset if you could build your own home on your own land without any problems.
>>538460478You think there might a spectrum of federal activity that might exist between "middle-class can invest in property" and "house is seized by the state, go directly to labor camp"?
>>538460634>Chinese buildings with Chinese steelWTF I love Chyna now
>>538455186The chinese use their real estate market as a proxy for private savings accounts since communism is retarded and made saving money illegal.A collapse of the chinese real estate market means a total collapse of private wealth in china.
>>538455186Anon, think about the poor kikerinos, who can't rent out their studio untis for more than half of their tenants' wages anymore, because those filthy goyim can buy their own houses/apartments easier now!
>>538460840Well it's China you have to take Into account they are soulless bugs so their society functions as such
>>538458851God damn you zoomer are fucking retarded. Homes are an investment you faggot, get a real job and go buy something you can afford. I'm a trucker and have a 4 bedroom with stay at home and a kid.My nephew went to welding school and get just parked a beautiful double wide on my parents property.Stop being a biiiiiiiiitch.
>>538455412China is retarded.
>>538460524>Chinks shoot their billionaires>>538460752
>>538455129That is something to get worried about. US and China's economies became intertwined and if one falls, the other does too.
>>538460888Also worth mentioning that a lot of these ghost cities were made out of cardboard with no oversight, which meant if anybody tried to live in them (which is impossible since they're concrete wastelands with no business or anything) they'd begin collapsing anyway. If /pol/ wasn't >/pol/ - Bored Losers, Sub-90 IQ Rednecks, Jewspergingthey would probably be able to rub two neurons together and realize this is a federal government rugging its own population the moment it had any money.
>>538460888>The chinese use their real estate market as a proxy for private savings You mean like every population of every nation in the world?
>>538455433The system you are describing is effectively feudalism.Banning private investment is quite possibly the most retarded thing I jave seen proposed on this website.
>>538455129What did we think would happen when they were building ghost cities in the middle of nowhere?
>>538455309Housing shouldn't be an investment vehicle and it's stupid that it ever was considered such a massive investment vehicle and was inevitable that the market would collapse. Do you think it's reasonable for the average person to own 2-6 condos and still have housing hold any value whatsoever? Either way this is a market correction, a sharp one, but still just a correction, it's not like there's a shortage of any sort of good or people are losing their houses or being unable to eat.
>>538455129Maybe less ghost town construction?
>>538460286>the West has known about China's financial policies for longer than the Chinese peopleWhy don't you try lies that make some sort of sense?
>>538460959Yes but>pot kettle black?????????????If I got you working for me but I payed you with copied Monopoly money but I had you so brain fucked that you thought it was real money and you kept working for me for free to me copied Monopoly money does that make you my slave?It’s called babylonian money magicEnd the FedPSAnybody think JFK was joking?Don’t answer that most of us are dumber than the slaves of 1860s due to FLUORIDE MICROPLASTICS and eating GOYSLOPS
>>538460978This construction boom oversupply always occur when the general population comes into money. Most recently in the west, this happened in ireland and spain.
>>538460982No, most real countries just use banks.Only the chinese are retarded enough to ban private savings accounts forcing them to tie the personal wealth of every citizen to their hyper inflated real estate sector.Literally nobody else in the history of earth has been this stupid.
>>538460352>the fake jew number assigned to my house is going to stop the government from shooting meOne of the most retarded things I have ever seen in my life.
>>538461145What utter nonsense. Go to ten of your neighbors and ask them where the majority of their wealth is invested.
>>538460752>weyou are a jew?
>>538460634Lol, he doesnt know about corncrete
>>538461172The fake jew numbers are why they have you employed, paying fake jew number taxes and not residing in a labor camp. At least not until they perfect Terminator-style robots that could win a land war.
>>538458290I own a home but I paid cash for it and I’m not in debt on it like most people here. I see my house as something for living in, not speculating on, so it doesn’t really affect me if the market “crashes” or not. Actually it would be a good thing for me because my property taxes would go down if my house was worth less. You’re a greedy speculator who wants to live easy off the backs of later generations, locking them out of home ownership so you can gain wealth for doing nothing.
>>538460352That’s was the plan you said the quiet part aloud >when the state invariably becomes a bunch of shitheads with guns, like it does throughout history constantly, legal basis and economic leverage might save your stupid life.
>>538461020Clearly private investment can't be trusted to lead the world in a good way.Billions of dollars get pumped into companies with the explicit mission to go make the products gay and worthless, and if companies don't do as told the CEO gets replaced or the shares get dumped.The stock market shouldn't have this much power and in years of seeing people bitch about it, I've yet to see one idea to reform it into a system that can't fuck the consumers out of the greed of "private" investors.Besides which, interest should still be banned.
>>538460401Why is it every time China is criticized innumerous dicksuckers on this board fly to their aid and make some dumbass whataboutism argument? Are you Chinese?
>>538460286The amount of idiots that simp for ccp or other assorted mystery meats here is insane.They really do get thier opinions from retarded influencers that walk around temu led city and other retarded shillbots.A Chinese girl wouldn't touch them.
>>538460524China is the biggest ponzi scheme in history and the CCP officials are the wealthiest people to ever live.I would call you a useful idiot, but I doubt you are that useful.
>>538461219Less then 40% home ownership for people under 35% most have no wealth at all
>>538455129>completely erasedlolno. It's actually WORSE than that.You'd expect housing to *at least* follow inflation. Here, not only it did zero, but if you take the cumulative inflation into account it's absolutely catastrophic. And considering their the kind of economy they are, inflation has been way higher than ours in the last 20 years.Dear lord this is absolutely grim, when I said China is doing a 90's Japan at speed 2x, little did I know they actually are doing it at speed 4x.
>>538460405Everyone knows. It was announced 10 years ago. Everyone doesn't know? How is that possible? No value is lost anywhere. It is fine.
>>538461366*people under 35*
>>538455186This is the most antisemitic post I've ever seen on this site. Shame.
>>538461314It's simply because real white people are honest and their statements aren't based on propaganda or who's paying them. You'd never get it.
>>538461228I can’t afford a slave anonAll I got is an old 48inch MTD lawn tractor
>>538455360>The JEWISH way of thinking everything has a price has made the US an unlivable nation.ftfy
>>538460982Wrong again.The chinese real estate exonomy has been entirely speculative and has been artificially inflated by the chinese government as a jobs program.No other government on earth has inflated their real estate market to the extent the chinese have.
>>538461278>those chains are why you have a job, you stupid slave>without them your owner would kill youYou really need to stop inbreeding.
>>538455309Stocks and similar are made for investments. Homes are made for living.
>>538461366You also need to consider the post I replied to. These people you're talking about don't have any money in the bank either. It's simply a fact that the majority of wealth in the world is tied up in real estate.
>>538461477Sounds like it was due for a correction then
>>538455360Hypothetically if I was able to produce everything I need to keep my family comfy why do I need money for?Inb4>commieNo I’m not sharing what I’ve made for my family
>>538455309Every place to live in should be a home, not a landlord's money extraction scheme. China understands this, and once their country attains our technical standards, they will leave us in our jewish rubble.
>>538461477>No other government on earth has inflated their real estate market to the extent the chinese have.Why do you think your government and mine are importing the third world? Lmao
>>538455129have you looked at the Yen lately?
>>538456344Why would you care? If you plan on living in it and not flipping then this shouldnt bother you.
>>538461219You arent listening to me.The chinese arent allowed to have fucking BANK ACCOUNTS.There is a massive difference between boomers tying up most of their equity in their home, versus literally all chinese workers being forced to buy real estate bonds because there is literally no other mechanism to save money beyond hiding bank notes in your mattress.Stop trying to obfuscate this you fucking kike.
>>538461314Because spic Fuentes is a paid chinese asset and his army of smarmy dick lickers have infested this shithole.
>>538461637>The chinese arent allowed to have fucking BANK ACCOUNTS.Lmao
>>538461637
>>538460978More feeble lies. Please do not consider this matter any further. This is no sensible thing.
>>53846073075% of all personal investment were pumped into that market, so I’d say a shitload of normal Chinese people are feeling pretty unhappy right about now. I’m sure $20 trillion isn’t that much tho
>>538461603Again, not even remotely close to the level of speculation the chinese have created.Its a matter of scale
>>538461637great bait
>>538460958>Homes are an investmentOnly after ~1970. Before that, they were considered liabilities. Go watch any video driving around a town before then, there would be abandoned homes. It's wear item. LAND can be an investment, but actual housing for working families wasn't. (((We))) have turned everything into an investment vehicle, even our lives.
>>538455186Nothing. People buying a home at 200k and its value dropping to 500 dollars makes no difference as they committed to pay the 200k and their home shouldn't be an investment rather a place they plan to live in or give to their kids some day. Faggot Americans buy homes and base their entire savings around the idea of enslaving rentoids/selling to future young couples because nothing makes a goymerican more happy than pushing other goymericans into more debt to their jew master.
>>538460799>you are brainwashed by Jews because Chinese people lost money listening to their government by parking investment income into real estateOk
>>538461729That’s why the “fiat” housing. They make an apartment that nobody lives but it’s worth xxxxx amount so peasants “invest” in a fiat housing hoping its value will go up
>>538461796It isn't really.America pumped that much out of the printer in 10 days.
>>538461521Christ are they able to invest in precious metals?
>>538461729>>538461778>>538461810>pft, thats retarded, no country would be dumb enough to ban bank accounts.Maybe you should actually learn something about these foreign shitholes before you simp so hard for them you fucking clowns.
>>538461795I peel off the meme flag sticker and reveal the Star of Ephraim.
>>538461853>That’s why the “fiat” housing. They make an apartment that nobody lives but it’s worth xxxxx amount so peasants “invest” in a fiat housing hoping its value will go upDuring the boom phase in ireland and spain, every teacher owned three condominiums.
>>538461919
>>538461919You urgently need to replace your sources.
>>538461421Inb4>look in the classified section Ok boomer
>>538455309You're supposed to pass your house down as an inheritance for future families. Not an investment.... duh
I imagine the fact that they build ghost towns just to have projects for workers even though the demand for housing isn't there probably has something to do with it.Communism (Communist China) demands somewhat of a sham economy.
>>538461279You can see there is something fucked up with economy when people started saying "oh I can get a loan for that car/house" instead of "I can save money and buy a car/house".But bunch of jew worshippers and retards here will worship dead jew on a stick and money jew on a wall street.
>>538461369So smart. You figured it out. Yes, 1000% true.
>>538455129It's just fiat money things
>>538461982Unironically >moar booost>moar nitrous Use moar retard
>>538455226this is made so you cant afford it, how more obvious can it get. all the hidden costs, it never stops.
>>538461039Dude this was 20 trillion wiped out. Homes were pretty much the only way they could invest dude. Shitloads of people will go hungry now that the homes they took loans out on are worthless
>>538455129AMERICAN BRAIN WHEN LINE GOES DOWN >THIS HAS TO BE A CATASTROPHE LMAOOOOOOOOOOOO BEST GOLEM
>>538461337Their ponzi has the largest fucking industry base in human history too. And the largest trading network independent of the US hegemony system. And the largest nation of human capital on earth. And the most focused and structured system prioritizing stability above all. And the nation with the foresight to build its own middle class up independent of external trade so if that was cut off, it could easily support itself without need to supply the worlds industry. Its also a nation which didn't fall for the jewish 'focus on a couple industries for wealth grift' of the jews and instead made sure every industry possible was supported within itself no matter how small and insignificant.Sure, china has a fuckload of issues. But compared to the west, its like comparing post collapse soviet empire in the 90's to the US of the time. And we are most definitely not the US of the 90's, which was already a shithole losing its industry like a jugular cut to finance jewish 'investment' returns.The ccp officials know if they don't keep their nation stable, they die. Our officials, don't know anything but raping screaming child holes and stealing money.As fars as the biggest ponzi scheme in history....time to point and laugh......lollmao
>>538455129what i just realized is that hashem shows himself even in the captcha kind of. when there a circle and a triangle or a cuve and you switch, theyre basically above each other. its the eye.i like that. baruch hashem.
>>538455129Never compare Chinese economics to Western economics anon, that shit will prove you wrong and make you look foolish every time. Shit dont work the same over there.
>>538462128The problem also is that the term "ghost town" is misleading. These towns are inhabited, but the occupancy rate is often very low. This is frequently because china prioritizes housing construction before establishing industry. As a result, many former ghost towns are now fully occupied. While the strategy didn't work out for some, it's certainly not a major issue.
>>538462308Who looting our treasury?https://www.forbes.com/sites/kotlikoff/2019/01/09/holding-u-s-treasuries-beware-uncle-sam-cant-account-for-21-trillion/
>>538462308>bunch of landlord scum are about to starvebased, i would pay good money to see that streamed
>>538462367Elaborate please What was the Rockefeller doing in Chyna in the 70s?
>>538455412>How much am I being baited right nowYes. It's a boomer-tier investment strategy, if people stop locking locking themselves into 30-year mortgages or immigrants can't get them, then stock portfolios tank. It used to be a valid strategy when people didn't care about how many immigrants we were importing but now that it's THE issue of our time, housing will obviously lose its position as a stable risk with a guaranteed higher return. Then you have the affordability issue, no one wants an impossible or improbable to pay-off debt, housing prices are overinflated for varied reasons.>immigration = begs the necessity of expanding housing market>boomers selling equity to reinvest in...you guessed it, housing>no checks or balances on the market pricing outside of amenity-based calcsA "crash" is bad but it's only bad because stupid people are making stupid decisions and perpetuating a root problem that didn't need to exist if people weren't too greedy.
>>538462343Lmao, literally all of that is wrong.China is the MOST exposed economy on earth
>>538462367>economics doesnt apply in china thanks to the magic of communismIdiot
>>538462485These are literally millions and millions of UN-occupied housing unites >UNoccupied >Landlords
>>538462584Normal people buy houses anon. I don’t know where you get the idea that every house is owned by a boomer or a bank. Housing crashing will undoubtedly do the most damage to average white Americans.
>>538462711>checked>(((white)))
>>538461279>you’re a greedy speculator for pointing out hundreds of millions of people lost 20 TRILLION DOLLARS of investmentsThis board is literally just a China dicksucking board.
>>538455129The establishment media is allied with China, trying to usher in global communism.
>>538461419>their statements aren’t based on propagandaYes they are. Almost every single poster on this board is just a loudspeaker for propaganda. You’re doing it now lol
>>538462816>62 million white homeowners in the USDon’t worry nothing bad will happen if the entire market goes tits up though.
>>538462711>Normal people buy housesIf they're worth the price placed on them, sure but majority of people can't afford a home though and that's accounting for a sensible mortgage. If you buy an overinflated property on credit and it loses that value, that's no one's fault but your own. You accepted the risk.
>>538462911>checked
>>538461376It was announced 10 years ago everyone would lose their money? Why didn’t they all take their money out?
>>538462711Yeah about that….>(((Title Company)))
>>53846291866% of Americans “own” their home, 34% rent. It’s insane how insular leftist communities have propagandized this to this point. Have you never seen a suburb?
>>538461508Why did the Chinese government encourage home-buying as a method of investment for decades then?
>>538461602>China understands thisApparently not the Chinese citizens, since 20 trillion bucks disappeared lol
>>538461919That’s the funniest thing. /pol/faggots suck off these fucking countries nonstop but know literally NOTHING about them lmfao
>>538456909too bad they don't have anyone to live in them, lmao
> Almost every single poster on this board is just a loudspeaker for propaganda.>40pbtid
>>538461854Wow you’re right! They could just print it all to cover the difference and hand it all out. Why didn’t they think of that?
>>538463022>“own"Good thing you added those quotations lmao. However no, 66% of Americans do not own (even tentatively) a home, those stats are backwards or just conveniently discount apartment rentals.
>>538461820If you take out a loan for a $200k house and it falls to $500, you are now underwater. You are still on the hook for that amount and if ANYTHING happens, you can’t sell the house to cover it. The bank will take it back, and in China unlike in western countries they can keep going after you for that loan through wage garnishment. How in the FUCK do you dumbasses still not understand why they is a disaster for normal people? Seriously how fucking much do these chinks pay you?
>>538463285It’s the same metric used in the OP, it’s a mortgage which I use “own” because it’s bought with a property loan. And yes, it is 66% home ownership and even higher if you just count white Americans. I’m tired of leftist failures echoing each other non stop and assuming everyone else lives this way. You’d think we live in Bangladesh
>>538462111>here you go son, my $500 tofu dregs apartment in the middle of nowhere>and it’s ALL yours!
>>538463331Who would do such a thing?And why?
>>538462478>uhhh did he criticize great and perfect China?>Oh FUCK better spam some whataboutism about the USWhat the fuck makes you people suxk this country’s dick this hard? You cat even read criticism without feeling like your TEAM is being attacked. You faggotss treat countries like sportsball queers do team. It’s pathetic.
>>538462485>landlord scum>literally anyone that had ever invested in a home, the only realistic way to do in China
>>538458999>Every house should be destroyed after one time use.
>>538461456hilarious lack of self awarenessblaming your country's success and its capital on Jees
>>538463331You realize that investments aren't guaranteed, right? If you buy something high and lose, that's the risk you took. If housing wasn't treated as a fucking investment, then that problem would never exist in the first fucking place, you god damn kike retard.
>>538455309Buy Gold, Silver, or stocks nigga
>>538462911Most of these losers have never even bought a fucking car let alone a house. They don’t understand anything other than simping for other countries because they’re too jaded to bother.
>>538455129Industrious country vs finance country
>>538463022You lying rat kike. Allegedly, according to the very jews that are directly personally responsible for pricing all actual humans out of home ownership, 65% of homes are "owned" rather than rented. That is not remotely the same thing as 66% of Americans owning their home.
>>538463661It’s bewildering to me that they hang out in demoralized loser communities and don’t realize their peers are outpacing them.
>>538463187It’s true. 40 posts of me responding to mindless dicksucking. Such gems as “it’s not that bad, they can just print more money,” and “houses aren’t an investment vehicle, so they shouldn’t have invested like the CCP told them to.” This place is genuinely one of the fucking dumbest places on the internet, I’m not sure most people here have ever even secured a high school diploma yet alone parked investment income in an asset.
>>538463408You're more than welcome to show where it says that in the OP or even the source stats. The number of people renting is objectively greater than people holding mortgages, I'm not even seeing an accounting for property sales that differentiates between single-family purchases or those made by bulk housing acquisitions.
>>538455129>Potentially ban LADSChinese femcels tank your economyI kneel.
>>538463722>calls me a rat kike because he doesn’t understand a mortgagelol. Alright you clearly know a ton anon nobody owns their house or gets money when they sell it. It’s all a myth!
>>538462649yes, China is exposed to the world, because the world needs ChinaChina is the sun around which all the planet nations revolvethat is the real people's revolution
>>538455226then middle class white people would have familiesjust what hitler wants
>>538455129how does FRED have this data?
haven’t seen shills in this much of a frenzy in a while
>>538463808https://www.census.gov/library/stories/2023/06/owning-or-renting-the-american-dream.htmlLemme know what you find.
>>538463607But it WAS treated as an investment by the government, it encouraged people to invest in the real estate market. Every single one of you retards when faced with an actual question unfailingly call others kikes. The Chinese are the ones that did this moron, they’re the ones that wiped out $20 trillion. And no shit it never would have happened, it also wouldn’t have happened if the government didn’t fuck them over and rugpull them. None of you can admit China fucked up because it threatens your /pol/faggot ideology.
>>538463906You can just look at the listing prices online, how else do you think they sell property there?
you just want Chinese men to prostitute themselves by taking hormonesyou think that's gonna happen with this 20 trillion wipeout nonsensewell no, it won't. And you won't get to touch feminized Chinese balls.
>>538455129>>538455186>>538455309>>538455412Jewish World Order Is Collapsing Non-White Sub-humans are SEETHING
>>538463866The legendary jewish verbal IQ.
>>538457016It's like investing in water and thus making it more expensive, it shouldn't be done because it's tied to one of the basic human needs: a safe space to live.
>>538464189Not even Jewish. Your problem is that you have to take a mortgage to buy a house vs outright buying it with cash. Either way you are not winning because you don’t have a career and no funds to compete. There is nobody that can help you but yourself.
>>538463969And you fell for it, sorry but you don't always win investments. Much like they encourage you to buy shitcoins and stonks which then fall, so too does this.
>>538464352>you don’t have a careerEven people with "career" (whatever the fuck that means in the Year of our Lord +6), can barely afford renting a craphole, let alone save for a massive down payment on a home.
>>538464455Again, 70% of people own their home vs rent. You are falling behind and nobody to blame but yourself.
>>538464148>kikes are seething because Chinamen made other Chinamen lose $20 trillion/pol/ is the worst thing that could happen to the JQ, you people exaggerate nonstop
>>538464517>70% of peoplePost what age group that is, and remove anyone with >20 years left on their mortgage(those people don't own anything but a loan).
>>538455129Shame on the goyim. This will never happen in USA. You will live in the pod, eat the bugs own nothing and be happy. The goyim live with their invisible chains, as they are nothing but actual slaves for G-d's chosen. If you don't like it the ADL is watching, better watch your mouth goys.
>>538464618>shifts goalpostsLmfao. Yea you’re retarded and will never succeed. Hit indeed on the taskbar bud nobody has sympathy for a loser.
>>538464751I didn't shift anything you kike. (You) said 70% of people own their home. People that owe 80% on a home, don't fucking own it. I'm clarifying your BS stats.
>>538464831If they sell it, they get the money from whatever has paid down the capital. I don’t know how else to tell you this is ownership. You’re just a retard.
>>538464359>you fell for itNo, I didn’t. But hundreds of millions of Chinese did when their government told them it was safe to invest where apparently it is not.
>>538464517>now it's 70%lol.
>>538464956Sounds like a chink problem.
>>538456830But it literally is. Ordinary chink cannot buy precious metals, cannot invest in stocks, cannot buy foreign currency. Real estate is single commodity in which he can invest, and that is fucking falling apart. 20 years of chink labour is gone.
>>538455760>you NEED to let Jews speculate on normal family homes!
>>538464831>People that owe 80% on a home, don't fucking own it.Even counting them, he's lying. The percentage he keeps touting is about what percentage of homes are "owned" vs rented. That's why it accounts for the whole 100%, which obviously makes no sense if you're talking about people. Multiple generations having to share a home because no one can afford to move out all count as "homeowners" in his jewish accounting.
>>538464911>money from whatever has paid down the capitalDo you even understand how a mortgage works? 1st ~10 years, <30% of each payment is going to principle. If the housing market even softened a little during the 1st decade, you'll be lucky to get your down payment back. It's a total lie to say people that owe a massive loan actually OWN the item. You "own" it, loosely, on paper, and that's it.
>>538456344>buy normal car to drive around>it decreases in valueWhat the fuck? Why didn’t my investment make me filthy rich?
>>538465146And when you sell it you…
>>538457122>the homes were never built>muh empty ghost citiesWhich is it anon?
>>538457287>over 90% home ownership >bottom 50% of Chinese have double the net worth of bottom 50% of AmericansOh nooo not the heckin speculative value!!! Think of the (((investors))) anon! They couldn’t make a fortune gouging family homes to make them completely unaffordable to average families!
>>538465130>me pointing iut what the chink government did for decades and arbitrarily changed wiping out tens of billions counts as rooting for kikes/pol/faggots are so fucking dumb, you people HELP kikes by putting in zero effort to even learn basic finance let alone read on the foreign economies you simp for.
>>538465541No one cares about Blackrock losing money on their "investment" you fucking retard. Eat shit and die.
>>538465230>buy house>it drops 99% in value>now if I miss a payment not only is my house taken from me but I’m on the hook for hundreds of thousands of dollars to the bankThis is sensible, idk why but China did it so it must be good!
>>538457502>buy a house>get a house in return It is only in weimerica that houses endlessly appreciate in value to make jewish landlords rich. The CPC was 100% right in cracking down on it
>>538465534Yeah not the heckin consumer wealth appreciation, it’s heckin BASED that everybody has no faith whatsoever in the economy since decades of investment were wiped out by some CCP chink. That’s awesome dude lol
>>538458006In China you don’t have to take out a mortgage and pay interest to a jew to buy a house
>>538458119The value of your house is absolutely meaningless if you don’t plan on selling or renting it
>>538465601Blackrock wasn’t the one that oost money dumb /pol/faggot, it was everyday chingchongs you suck off
>>538465679The CCP is the one that encouraged investment into real estate. Is there a single person on this board that knows ANYTHING about the countries whose dicks you suck?
>>538465852>you have to care about REITS!!!!!!!!I'm glad I was responsible and bought my house when it was at the bottom of the market, fucking retards.
>>538465782No, instead you have to throw away generations of wealth buying a tofu dregs box in the middle of nowhere, meaning your money is now poof. And all so some fifth columnist loser /pol/faggot that’s never owned anything in his lofe can pretend the government that fucked you over is BASED AS FUUUUUUCK lmfaoooo
>>538459118>generation wealthBeing able to give your children a house IS generational wealth
>>538465624Meanwhile back in reality, it was our own housing crash caused by our own predatory, jewish financial practices that caused this to happen here. All to the benefit of the jews who caused it and were able to buy up all the foreclosed homes, which they still own to this day.
The business cycle ended when Greenspan died.
>>538465962>you have to care about REITS!!!!!!!!Who are you quoting?
>>538466055>REEEEEEE, I have to deflect for my kike masters
>>538459552>average people can buy affordable housesOh think of the (((investors)))
>>538466023Why does this topic keep talking about kikes when this was brought on by chinks, has only ever been chinks investing, and all the people that lost money were chinks?
>it's the same illiterate jew
>>538466097>asking a schizo that just learned the word ‘REIT’ to clarify why he’s talkign about Blackrock when hundreds of millions of chingchongs are the ones affectedOh rook, me point at Brackrock, rook a Jew! Lol
>>538466261>really concerned with chinks>not a chink>really concerned with chink prices>not a chink
>>538455186THAT'S MY FUCKIN PORTFOLIO YOU'RE TALKING ABOUT
>>538466252>it’s a /pol/faggots have a melty and call someone a kike because they don’t buy your bullshit episode
>>538466306Oh I’m sorry, you’re right. We’re supposed to suck off China here, how could I forget and even think to criticize grorious Chinese new century? Me rove China me rike suck China dick!
>>538466462>don't live in china>china lives rent free in your head
>>538455309you should have your legs broken and your hands amputated
