BEIJING -- Supported by a series of policy measures to address the yearslong slump, China's property market has shown signs of stabilization and uptick, with renewed confidence and rising demand observed in its most dynamic regional real estate markets.
  • Rin@lemm.ee
    ·
    6 days ago

    Doubtful but i hope so cuz the people that put money into real estate and then really got fucked over are the ones who suffered the most.

    • Cowbee [he/they]@lemmy.ml
      ·
      6 days ago

      Using housing as an investment sector isn't a good thing, it's better for the people that the bubble was intentionally popped.

    • sooper_dooper_roofer [none/use name]
      ·
      6 days ago

      cuz the people that put money into real estate and then really got fucked over are the ones who suffered the most.

      good, they have the most capacity to suffer

      • Rin@lemm.ee
        ·
        6 days ago

        Fuck you tankie. Unlike you, i don't want chinese people to suffer

        • Flyberius [comrade/them]
          ·
          6 days ago

          People who bought a house to live in aren't suffering. They are living in their house.

          People who bought housing as an investment can handle the the loss. And worse case they can live in one of their portfolio properties.

          • Rin@lemm.ee
            ·
            6 days ago

            There's a lot of tofu dreg'd properties but there's people that bought properties and recieved unfinished apartments. How can you live in an apartment without utilities? There literally were protests and people refusing to pay their mortgages.