>China lost about 300 billion dollars in the real estate collapse following Evergrande>They're just gonna let the middle class eat that instead of compensating them, or giving them incentive to invest in anything other than real estate (the chinese stock market is a joke)Seriously, what's their end game here? They're producing a ton right now, but they have to switch to consumerism at some point.
>>538751479https://www.youtube.com/watch?v=m36QeKOJ2Fc
>>538751479I thought everything was FREE in commie countries.
>>538751479>housing is affordable for new home buyersI dont see the problem. Home owners owe it to those without to help. If you're underwater on your mortgage because of it idk what to to you
>>538751570China isn't really communist anymore
>>538751530Michael Keaton made this movie in the 80's. I think it was called Gung Ho.
>housing in China is now as affordable as it was 25 years ago and that's terrible, think of the boomers? why won't anyone think of the boomers?howterrible
>>538751677>>538751811The CCP doesn't want chinamen to invest abroad because that means it cant control the cash flow of its citizens. So the stock market is tightly manipulated to the point that it's practically as reliable as bitcoin, you cannot invest in foreign stock markets, and putting money in foreign banks is tightly restricted. This means real estate is the only obvious way to invest for retirement, and roughly 70% of all Chinese household wealth is (was) tied up in this.Unfortunately, this also means that a crash in housing prices basically wiped out the retirement funds of a huge part of China's population.
>>538751530https://www.youtube.com/watch?v=MHH7U4vFTV4
>>538751479Nooooooooo housing isn't supposed to be affordable they are supposed to be investments for Jews!!!!
>>538751846Good for China I bet this is going to cause a massive population boom with all the young people who can now afford homes
>>538752003>0.9 birth rateyeah, nah
>>538751479Lmao, did you miss the part where the seized the companies assets, the assets of the executives, the assets of the board, and the assets of the owners and redistributed that to those who have taken losses?
>>538751846oh no how terrible! Can you imagine young people being invested in the continued existence of the country by being able to own property? They might feel secure enough in the future to get married and have children. Why won't anyone think boomers with 'investment' properties and landlords who won't get their cut from a completely demoralized population who've resigned to living in pods?
>>538752331Many young people lost all their savings, anon. They already paid mortgages on those houses, and now theyre fucked up with debts they can never repay.And there's no personal bankruptcy in China either.
>>538751479Not sure, collapse their own economy I guess. Economics is not my strong suit, I just stack silver.
>>538751702lollmaoYou fucktard. They have communist flags up all over the place, the CCP runs the show. Only shills or complete fucktards say this stupid shit. China IS communism, all those corpulent crooks at the top running everything like it's a criminal syndicate, that IS communism.
>>538751811>hundreds of millions of chinese people who expected to get a return on all those properties they bought are gonna be told to eat shitChina is going to have another Tiananmen square massacre at this rate.>>538752650The wumaos have no response to this.
>>538751479
>>538752820
>>538752470>theyre fucked up with debts they can never repay....so you agree that basic housing requiring mortages so massive they require centuries to pay off was a bad idea? You seem to be confused about the difference between equity and property values. Like you're having a meltdown about how the new car you bought isn't worth as much once you drove it off the lot, so you claim you can't pay the installments.
>>538751846>real estate is the only obvious way to invest for retirementChina doesn't charge property tax and everyone owns their own home. The equivalent of social security isn't much, but it's enough for food, medicine, and basic entertainment in retirement. They won't be able to burn their retirement on Vegas or Bahamas vacations, but it's more than enough to live a comfortable life. Western boomers ruined the perception of what retirement really should be. Everyone should be investing in their children instead of actively scamming their children of every last penny they earn, like every society did in the past before the boomers.
>>538752470>buy a car to drive around >it depreciates in value >wtf why didn’t my investment make me rich?It is only in weimerica that houses endlessly appreciate in value so banks, boomers, and Jewish landlords can get rich by price gouging normal family homes and making them completely unaffordable. Chinks bought a house, and they got a house to live in in return. If they are underwater on their mortgage that’s their own fault. The value of your house means absolutely nothing if you plan on living in it and not renting it out or selling it. You are not guaranteed free money on speculative investments. Houses are for living in, kike. Tell your Eglin faggot buddies to stop posting this ad nauseum. Greedy Jewish landlords got BTFO’d by the CPC and glowies are furious about it
>>538751479It's called capitalism, faggot.You want a westernised capitalism where corporations never fail and are bailed out by the state? commie
Losing money is part of the investment game.You should have purchased gold instead, retard kike.>checks flagOf course, it's a eurokike who is seething, lmao
>>538751479>America burned about 300 billion dollars this decade on shills seething about China>instead billions of Chinese liver better lives than ever before>Zognalds new bill plans to spend another 30 billion on shills whining how Chinese owning their homes hurts locust investors in America and thats a bad thing somehow>America is just gonna let the American middle class eat that bill
>>538752803>China is going to have another Tiananmen square massacre at this rate.so they will kill glownigger agent provocateurs? nice
>>538752962China's mortgages are worse. They pay a mortgage before a house is even built, so people might not even have a cheap home, just debt.
>>538753432>They pay a mortgage before a house is even builtThat's optional.Why do you hate choices and freedom, eurokike?Why can't you appreciate the freedom to fail your investments?
>>538753918But they don't have choices. They want to invest in a safer stock market or foreign mutual funds, but they can't. Why do you think Chinese consumer confidence is in the shitter?
>>538754043>But they don't have choices.Why don't you know what gold, is, eurokike?
>>538752803>MIGA boomer cant comprehend a society where the state doesn't prop up his investments artificiallyMiggers are the real communists, this one of many reasons everyone hates you so much.
>>538751479China will not stay a socialist country. It will go back to full communism when the current status quo fails. They also face population control with about 500,000,000 being planned.
oy vey another daily ciapac thread about chyna collapsing for the 36111616256 time in a year.keep up the good work promoting goyitalism in god(demiurge)chosen weimerica for le boombers in care houses, my fellow paki from bangladesh islamic monarchy.
>>538754960Why are you posting anti-american shit when your king kike has exported/exterminated a third of your population in 5 years?
>>538755070oi vey! le memeflag paki from maharashtra is generating artificial traffic because he is paid for engagement! you totally baited me saar, I am so mad and sad.you totally deserved those 14.30 rupee for being such creative saar, saar!
>>538751479>>538751530trust me bro..https://youtu.be/yF2looC2Njw
>>538751479illiterate people think price speculation and inflation is "value" or gainsthe most retarded even pay taxes when inflation increases price of their assetin reality there are 2 types of real estate - one for living and another for rentingalso in reality value of real estate objects always deteriorates, structures have exploitation period and renovationand its good when rentals are not expensive because you need to have rate of return (like 8-10%)assets for living should be long lasting and high quality, there is no need to have its balance price boosted, this is how it was before boomers for thouthands of yearsthe peak of retardation is when old boomer in adult diapers thinks that their cardboard box from shitty materials without style costs some moneyand pay inflation tax on themcollapsing price of apartments for commoners is the most clever thing chinks did in the last years
communist are retarded
>>538756479stop with antimemetism
