Home ownership is by family, not every single person.
Also just because something “feels” wrong in your gut (probably because it doesn’t satisfy your western-supremacist biases), doesn’t make it false. Claims should be backed up by data, not gut feelings.
Nobody “owns” land. Even under capitalism. If you think you do, stop paying the rent tax you pay the government in order to “own” that land and see what happens.
Point is, even if you “own” a house, if the government decides they want to confiscate it, they have a whole army to do it. All ownership is always at the mercy of the government. (More accurately, ownership is at the mercy of whoever has the monopoly on violence, since they can only take ownership through it.)
The downvotes without comments to support the criticism speaks volumes.
I think people here have this dream picture of China or something but that country seems to get the shit end of both sticks when it comes to housing. Expensive housing driven by a capitalist development framework and no guarantees to support to investment into the real estate you buy. That’s why Chinese citizens with money actually invest in real estate outside of China.
Is it fair to call a 70 year lease from the government “ownership”?
Yeah China should definitely not be on this list.
Looking forward to the bot account’s mental gymnastics to tell me why I’m wrong
Right? I call BS that 90% of China’s 1.4+ billion people own their homes.
Home ownership is by family, not every single person.
Also just because something “feels” wrong in your gut (probably because it doesn’t satisfy your western-supremacist biases), doesn’t make it false. Claims should be backed up by data, not gut feelings.
Nobody “owns” land. Even under capitalism. If you think you do, stop paying the
renttax you pay the government in order to “own” that land and see what happens.Point is, even if you “own” a house, if the government decides they want to confiscate it, they have a whole army to do it. All ownership is always at the mercy of the government. (More accurately, ownership is at the mercy of whoever has the monopoly on violence, since they can only take ownership through it.)
“…if the government decides they want to confiscate it, they have a whole army to do it.”
This feels pretty random to include. Did I miss something? Has the army been kicking people out of homes lately?
The downvotes without comments to support the criticism speaks volumes.
I think people here have this dream picture of China or something but that country seems to get the shit end of both sticks when it comes to housing. Expensive housing driven by a capitalist development framework and no guarantees to support to investment into the real estate you buy. That’s why Chinese citizens with money actually invest in real estate outside of China.