“Home ownership” means owning your home. You can argue the semantics. But at the end of the day either you own your home or not. And in China you do not.
You only “own” a house as long as you can rely on the police to enforce your claim. The concept is the same. It’s just in China they made a policy decision not to enforce landlords’ claims in order to reduce inequality.
“Home ownership” means owning your home. You can argue the semantics. But at the end of the day either you own your home or not. And in China you do not.
You only “own” a house as long as you can rely on the police to enforce your claim. The concept is the same. It’s just in China they made a policy decision not to enforce landlords’ claims in order to reduce inequality.