The title sounds happy but if you’re chinese, that’s a call of desperation due to social norm.
For sons in particular, it’s down to the Bank of Mum and Dad - and underpinned by the marriage market.[…]
[…]Chinese parents know their sons’ chances of marrying well are materially increased if they own a home.
Dr Jieyu Liu, deputy director of the SOAS China Institute, told the BBC: "It is the custom that husbands will provide a home.
No home no car = no marriage. Idk if you want that.
The article also pointed to France, but also stated they chose not to own a house and prefer renting. Mainland Chinese(or Asian in particular) need to do it due to social expectation. Using the materialistic culture to proof your communism point is…ironic.
This makes me think about the high quality government housing in Vienna.And that 62 percent of Vienna’s citizens live in it. It’s so sick looking and I’m so jealous.
They don’t own it. They leased it for 99 years from the country. A lease that can be revoked
It’s also not a communist nation in much but name.
If Evergrande even actually built it.
does anyone remember the last time the ccp got the numbers right? anyone at all?
They got 1989 right.
Go ahead, move to China and say your opinion on the street.
I guess nobody’s selling avocado toasts in China.