this post was submitted on 14 Mar 2024
13 points (54.8% liked)

Memes

45548 readers
924 users here now

Rules:

  1. Be civil and nice.
  2. Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.

founded 5 years ago
MODERATORS
[email protected]
[email protected]
[email protected]
[email protected]
13
Spot the difference (lemmy.ml)
submitted 7 months ago by [email protected] to c/[email protected]
23 comments fedilink hide all child comments
 
you are viewing a single comment's thread
view the rest of the comments
[–] [email protected] 4 points 7 months ago (1 children)

Wait I linked mortgage values didn’t I, in response to the BS about them owning their homes without mortgages.

Here’s some proof showing home ownership falling off;

https://tradingeconomics.com/china/new-home-sales

https://www.reuters.com/world/china/chinas-home-sales-during-new-year-holiday-fall-26-compared-with-2023-2024-01-02/

https://amp.cnn.com/cnn/2023/08/01/economy/china-real-estate-country-garden-intl-hnk/index.html

Etc etc

[–] [email protected] -4 points 7 months ago

I've literally addressed this already above. Your links are not showing that home ownership is falling off, they're showing that people are buying less homes now. Which is something you'd expect to be the case when most people already own a home. The only people buying homes now are the ones investing in them as secondary properties. It's incredible that you can't wrap your head around this.