this post was submitted on 12 Aug 2026
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A Boring Dystopia

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[–] Objection@lemmy.ml 2 points 2 days ago (1 children)

housing absolutely isn’t affordable typically you need an entire families worth of income that goes to the son to afford a home, and on top of that, when you buy a home in China, you are given 70 year lease on the land, so not sure how many Americans would want that sort of thing.

Weird how despite all that, the home ownership rate in China is 96%

[–] GalacticRobot@lemmy.world 0 points 2 days ago (1 children)

Maybe read up a little more on that before touting that 90% number. Not exactly sure you'll enjoy those results: https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes/

[–] Objection@lemmy.ml 1 points 2 days ago

What part of any of that am I supposed to be scandalized by, exactly? Because I read the whole article and I didn't see a single reason I shouldn't be touting the 96% home ownership rate.