• Judge_Juche [she/her]
    ·
    edit-2
    4 years ago

    Love too be every western media outlet, that at some point in the last ten years, has said the entire country of China, with over a billion inhabitants, is just a giant real estate ponzi scheme that will surely implode any day now. Love to be very correct and not coping with anything.

    • hexaflexagonbear [he/him]
      ·
      edit-2
      4 years ago

      As if all of Canada isn't a giant real estate ponzi scheme at this point. There's an empty tract of land in my area that sold for like half a million a few years ago, and it's probably going to sell for $800k right now. It's not even in a nice location.

    • RNAi [he/him]
      hexagon
      ·
      4 years ago

      a giant real estate ponzi scheme

      Remind me again, what happened in Albania after it became capitalist?

    • Blottergrass [he/him]
      ·
      edit-2
      4 years ago

      "China is a real estate ponzi scheme" - Tampa realtor who sells homes on limestone canals as 'beach front'