• wombat [none/use name]@hexbear.net
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    1 year ago

    the maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry

  • krei [it/its]@hexbear.net
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    1 year ago

    BBC really can’t help being sinophobic in any situation, huh?

    Why is this country doing better? It must be mommy and daddy’s money.

    Where did that money come from? How come %70 of millennials have rich parents? How does that work?

    • 🏳️‍⚧️ 新星 [she/they]
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      1 year ago

      How come %70 of millennials have rich parents?

      Well, ackshually, they’re all capitalists who exploit, uh, the poor American billionaires!

    • ghost_of_faso2
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      1 year ago

      its because most parents buy a 2nd house for there children as wages>capital ratio actually allow that

    • GarfieldYaoi [he/him]@hexbear.net
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      1 year ago

      And then here in America they just advise millennials.

      “Just live with mummy and daddy forever and inherit their property when they pass. Porky want money, porky needed what would have otherwise been your house!”

      • redtea
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        1 year ago

        I bet the youth stats are even worse. At least some Western millennials had a chance.

  • KiG V2
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    1 year ago

    It would be interesting to see how much houses cost, average mortgage, all juxtaposed with average wages, average cost of goods. I feel like all this information would reinforce an already massive point.

    Is Mexico really #2? That’s a huge gap.

  • 小莱卡
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    1 year ago

    Mexico being here has to be a fluke related to living close to the US. Like i feel the ruling class here didn’t hoard that much property (tho its getting worse) because they prefer living/spending in the US.

  • Water Bowl Slime
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    1 year ago

    This info is from a study conducted 6 years ago that only looked at 9 countries. Malaysia and Canada aren’t on the list and idk what the 9th country is because the link that article provides is broken.

    • duderium [he/him]@hexbear.net
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      1 year ago

      Oh, okay. I guess we can just ignore the entire study and go on pretending that the west is the pinnacle of human achievement. Whew! That was close!

      • Water Bowl Slime
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        1 year ago

        I’m not a lib dude that’s not what I meant. I’m just saying that the graph looks wrong because the study sucks. Let’s not uncritically accept info because it says something we want to hear.

  • Aabbcc@lemm.ee
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    1 year ago

    My uninformed understanding is you pay for a house then they build it and construction companies/banks are defaulting so houses aren’t being built despite being “owned”?

    No idea at what rate that’s happening.

        • ProxyTheAwesome [comrade/them]@hexbear.net
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          1 year ago

          this is a fake thing made up by western economists who predict china’s collapse every day for the last 2 decades. First it was ghost cities made up of empty housing, now the story is not enough housing and a bunch of ghost owners without houses? Seriously think about it for one second, if this ‘crisis’ has been ongoing for a decade yet China still is growing faster than the west is it really a ‘crisis’ and does it make any sense that they have too many yet not enough homes?

  • iesou@lemm.ee
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    1 year ago

    Pretty sure you can’t own a house in China, isn’t it like a life time lease?

    Edit: thanks for all the downvotes for asking a question. Have a good day.

      • MarxMadness
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        1 year ago

        The only entities that really own land anywhere are states. If you “own” real estate in the U.S. and don’t pay your rent property taxes, the actual owner the state evicts you can confiscate your land for a tax sale.

    • redtea
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      1 year ago

      ‘Ownership’ anywhere is essentially a life time lease, right? Unless you can figure out how to take it with you.

      • iesou@lemm.ee
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        1 year ago

        In that case in other places, if I own the property I can leave it in trust or in a will to other people when I die, genuinely curious because I don’t know… Is that possible with how China does things?