China has an oversupply issue in housing construction in general. it is… as if the problem is not merely building too few houses (as some us centric yimby people believe) but rather an unjust system of resource distribution?
For a long time, property was the only allowed wealth that could be inherited. So China became littered with extremely poor construction that was never occupied, and is uninhabitable. There are also restrictions on who can be sold to - in rural areas owners cannot sell to urban buyers or institutions. This means they can’t mortgage their homes.
I’m okay with inheriting property, but you gotta pay for it. The whole passing it down is ludicrous, but I also feel like never owning anything is also not great. Goddamn nuance strikes again unfortunately.
The constantly connected seem to have a tough time parsing available housing and homelessness. Like, there are 100 homeless and 200 houses, why problem?!
Guangzhou, China
Anti-Homeless Spikes to keep them from finding shelter from the rain.
China has an oversupply issue in housing construction in general. it is… as if the problem is not merely building too few houses (as some us centric yimby people believe) but rather an unjust system of resource distribution?
For a long time, property was the only allowed wealth that could be inherited. So China became littered with extremely poor construction that was never occupied, and is uninhabitable. There are also restrictions on who can be sold to - in rural areas owners cannot sell to urban buyers or institutions. This means they can’t mortgage their homes.
I’m okay with inheriting property, but you gotta pay for it. The whole passing it down is ludicrous, but I also feel like never owning anything is also not great. Goddamn nuance strikes again unfortunately.
And yet they have millions of what they call “vagrants” how curious.
The constantly connected seem to have a tough time parsing available housing and homelessness. Like, there are 100 homeless and 200 houses, why problem?!
maybe solve a housing crisis instead?
Is this whataboutism?
No because the post is specially about how the Chinese don’t do this, so it’s relevant.