• zifnab25 [he/him, any]
    hexbear
    16
    3 months ago

    Home ownership in China still hoovering around 90%

    But something something 15 minute cities something something COVID lockdown something something no freedom.

    • Rojo27 [he/him]
      hexbear
      4
      3 months ago

      I'm looking forward to TikToks YouTube Shorts from rich influencers bragging about their cute cardboard box homes.

  • PKMKII [none/use name]
    hexbear
    11
    edit-2
    3 months ago

    Definitely not arguing that investors buying up single family homes isn’t an issue. However, looking at the sources the article linked to for the 40% claim, I didn’t see anything that collaborated it. Seems more likely it was likely to be 7.6 million/~40% of single family home sales by 2030. Especially as that number would mean there’s only 19-20 million single family homes in America which sounds way low.

  • NeelixBiederman [he/him]
    hexbear
    10
    3 months ago

    According to the google, there are 82 million single family homes in the US, so 7.6 would be closer to 10%, or this article isn't about US I suppose