• Flyberius [comrade/them]@hexbear.net
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    3 months ago

    Won’t somebody think about the investors?

    Sure, people can afford their own homes, but that’s not what housing is for!

    As an aside, I love that they have to stick the “worlds second largest economy” line in, despite by every metric China being the worlds largest economy.

    • PolandIsAStateOfMind@lemmy.ml
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      3 months ago

      despite by every metric China being the worlds largest economy.

      Excuse me, while i agree thay are first in such meaningless metrics like production of basically everything or infrastructure or housing, but what about the most important metrics, like the stonks and financial instruments?

  • loathsome dongeater@lemmygrad.ml
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    3 months ago

    “This is very bad!” scream analysts from ING, a real estate research institute and Goldman Sachs.

    In late July, China’s top decision-making body, the Politburo, reiterated the country’s commitment to supporting the completion of unfinished projects and turning unsold apartments into affordable housing.