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Joined 4 years ago
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Cake day: March 24th, 2021

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  • The problem with your spitballing is that you use averages. Averages are disproportionally influenced by very high and very low numbers in the set of numbers the average is calculated from. Median numbers please.

    That critique aside, your point still does not change that fact that a much larger precentage of chinese owns their own home compared to US citizens. In absolute numbers, it is of course even more devastating.

    Even if one agrees with your spitballing, then it would follow that citizens in the PRC can save much more money to afford homes than those in the USA, who can not.