"China's Ministry of Housing asked local governments in hundreds of cities to “vigorously” buy unsold commercial homes and convert units into affordable housing for the working class." -Ben Norton
"Isn't it ironic that the Chinese housing bubble was cited across the West as a "failure" of the Chinese gov when it was in fact created by runaway private enterprise, only now being resolved by Beijing's intervention...?" -Brian Berletic
I keep saying this bc it's true: China is where dreams become reality, and the west is where dreams go to die.
Affording/owning a home is a dream for so many people in the west. And that's what it will stay as: a dream.
Honestly yeah!