lol, the home ownership rate is high because houses are generally affordable and people like to own their own houses, just like here.

I know you think you can make some argument or remark and that people who know China won't see through you. Trust me, you're wrong. You are completely transparent, it's actually just pathetic how easily you get suckered by anti-China media. It shows how gullible you are, as a person. How anything you read that supports your priors goes swoosh, right past any kind of critical thinking (if you still have the ability to think that way) and straight into the "true facts" part of your brain.

Again, I'll repeat: it's pathetic because you're pathetic. Your brain doesn't work good.

He's probably right. In China if you want to get married or have any kind of investment you buy real estate. There's no other good investments and there are so few women.

It's so bad that you'll often have 3 generations all pitching in to get the kid a house or apartment because it's such a social necessity.

Dunno what you're repeating because even the CCP acknowledges housing prices are fucking ridiculous in China lol

Almost entirely in a few tier 1 cities. The larger problem is an inflated asset bubble without proper capitalization, which is why several of the worst offenders are being intentionally demolished.

Did ADV China or Epoch Times tell you that part? That Evergrande is "failing" because it was specifically targeted for destruction?

You don't strike me as a reader, so it might take a while for you to get through this article with your skills, but give it a try, sweetie: https://adamtooze.substack.com/p/chartbook-on-shutdown-4-neither-chernobyl

LOL its obvious none of you ever been to China, I have so I'll shine reality upon thee
outside of major cities 70% of China looks like this, whole families sleep in a shack with Cows beside them lmao further north you go the worse it gets

Ofc, China still has a poverty problem. The difference between China and most other countries is that things actually improve, and very, very quickly.

India and China were very similar, in 1949. And now look at them. You just don't see endless articles about Indian poverty - which is much, much worse and doesn't markedly improve - because the media is focused on tearing down China.

I went to India last year and most people don't have toilet in their home or normal necessities and still shit on the beach.

I went to China a dozen time and every times, it was like the dude picture above.

You don't have to lie to us, some of us travel year round and see shit for what they are.

USA is a shit hole nowadays but Canada still aight for 1-2 more decade before shit hit the fan.

Well now I'm sure you're lying about being to China. Having fun on the internet, chief?

Lying how? I been to China many time to visit friends.

I don't see why you'd lie bout such simple facts like China being underdeveloped . Is your wife watching what you type/read above your shoulder or at gun point?

Are you under surveillance by the CCP and working on improving y'all social credit score?