With over 600k homeless Americans, couch surfing and sleeping outside tonight, this is important to understand
With over 600k homeless Americans, couch surfing and sleeping outside tonight, this is important to understand
With over 600k homeless Americans, couch surfing and sleeping outside tonight, this is important to understand
Isn't the housing situation significantly worse in China? You put entire down payments and then pay the mortgage for the house to still yet be built. And last year so many defaults happened that no houses were being built and no one was being returned their money when they wanted out.
The grass is not greener on their side. It's still fucked, just a different fucked.
90% of families in China own their home, with 80% of these homes are owned outright. https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes
no, 0% of chinese own their home, it's a lease from the state
Those are the speculative houses xi is arguing against here. China doesn't have involuntary homeless, that's mainly why 'ghost' cities were built. Now the private housing market is fucked right now, and there's a good chance there will never be privately built homes again in China. But that has nothing to do with the housing supply, and does not affect homeownership or housing rates
they're made to last 50 years. Expensive houses are falling apart
It would be great if we had laws which stopped people from doing that (both our own citizens and foreign). I want landleeches to scatter from here just like they did from China. No home for house hoarders.
doesn't take much to get that racism to pop out, does it?
Im not sure we should be listening to this guy of all people, but i cosign the message still
I wonder how many houses this guy own
What an odd thing to wonder. Do you see Chinese state functionaries tooling around the world in megayachts?
China is the second country in the world by number of billionares. In europe cinese businessmen with ties to the government have been buying football clubs and luxury shit for a decade.
What does a house have to do with a yacht though? Not everyone sails the open seas.
Seems to me that the fact that 90% of families in China own their home, with 80% of these homes are owned outright is a more important thing to focus on. That's just me though.
Socialism is not a battle between america and china. Who owns skyscraper in china?
Property speculation crashed. It wasn't a homelessness crisis, but an intentional popping of a speculative bubble because Capitalists got greedy and homes were too expensive.
Not really, the government wound down the real estate market intentionally to refocus the economy on tech and industry.
that fact that we more empty homes degrading from abandonment into nothingness in this country than homeless people is surest sign that we have terrible system.
Not sure which country you're referring to.
there are more vacant homes that homeless people in my country and that fact is so incendiary to our sensibilities that it enshitifies things like google so; when you look up this fact; all of the results are going to lead you to explanations as to why it's misleading and that there aren't enough "appropriate" homes for homeless people.
all of the articles are hoping couch the unspoken classism divisions as "nuanced arguments" so when they say that there aren't enough "appropriate" homes for homeless people; it's dog-whistle-implying that homeless people don't deserve the same desirable homes that can earn profit for the capitalists and that it's the state's responsibility to "deal" with them; amongst other dog whistles.
And what's China's homelessness statistics especially compared to the US?
In my building, half the units are just sitting here empty. Guess what country the owner is from?
i'm happy to see the empty apartments where i live; it means that it helps drive down the cost of rent and it's working, somewhat.