Why are there no slums in China?
Why are there no slums in China?

Dongsheng Explains | Why are there no slums in China?

Why are there no slums in China?
Dongsheng Explains | Why are there no slums in China?
monthly rent being just a few hundred yuan (or five percent of monthly household income)
I pay roughly 40% of my monthly income in rent. My partner pays 50% of hers.
The fact that simply having a roof over thier head has now become a major expense for the majority of people is probably the best demonstration that liberal capitalism is a failed system.
Because the authoritarian CCP repressed all the poor people into becoming middle class people.
It's absolutely terrible to watch how they just keep raising the standard of living all the time tricking people into thinking that's a good thing!
One thing I wonder about is what the middle class lifestyle is like in a place like China.
In India for example even within the middle class (a nondescript classification) there is a ton of variation. Over the last two decades there has been a rise in prominence of gated societies. A huge part of this lifestyle is having the most disadvantaged people perform manual tasks like cooking, cleaning, childcare for the middle class. In important ways the middle class lifestyle is sustained by the desperation of the most poor people.
It looks like the dynamics in China are pretty different. For one, practically everyone owns housing which tends to be one of the biggest expenses. I saw a stat a little while back that 90% of families in the country own their home giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other leans. This alone goes a long way preventing the kind of exploitation we see in most places.
There were even cases in places like Linyi giving away homes for free to some young couples.
The local government quoted saying “钱多了,自然要还富于民。” "With more money, of course it will go back to the people".
But no, liberals know best because this is obviously sisipee encouraging more birth rates because one child policy genocide causing a demographic collapse!!11
I don't know if you've ever been there, but i live there now for about a decade.
a lot of people own a house by default. at some point all the houses where people live were somehow given to them. then the values sky rocketed, or where their building got developed and the developer paid them out.
so families brought more than one house or prepared money for their kids to get a house, and the property market continued to grow.
On top of this, Chinese are more accustomed to living in what could be called extremely efficient housing. small apartments in big apartment blocks with 99% of what they need in life 10 minutes walk away.
love how all the redditors are downvoting on lemmy.ml https://lemmygrad.ml/post/923374
any positive news about China is like garlic to a vampire to them
dammit, i fell into the trap again.. found this and nearly threw up https://lemmy.ml/comment/1482418
LMAO, libs understanding what bias means challenge level impossible 😂