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Yuritopiaposadism [none/use name]@hexbear.net to Sino@hexbear.netEnglish · 14 days ago

New low, Chinese homes are now cheaper than they were in 2006, and soon will be cheaper than they were in 1995

hexbear.net

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New low, Chinese homes are now cheaper than they were in 2006, and soon will be cheaper than they were in 1995

hexbear.net

Yuritopiaposadism [none/use name]@hexbear.net to Sino@hexbear.netEnglish · 14 days ago
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13
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  • cross-posted to:
  • urbanism@hexbear.net
  • MemesAreTheory [he/him, any]@hexbear.net
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    13 days ago

    I think the problem is that local governments took out loans/issued bonds on property tax revenue estimates for property that now cannot be paid back at its initial valuation? Common L for liberals planning debt repayments on line go up instead of fiscal sovereignty.

    • JDvecna [none/use name]@hexbear.net
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      13 days ago

      I set em up, you knock em down

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