https://betterdwelling.com/70-chinas-millennials-homeowners-canadians-americans-not-lucky/

  • 52fighters@lemmy.sdf.org
    ·
    23 hours ago
    1. China had such a terrible starting point because the Chinese Communist Party made terrible policy decisions in the 1950's and 1960's.
    2. You do realize Chinese home ownership rates exist only by fact that children do not move out of their parents' house. The cost of housing makes it impossible and the one child policy makes inheritance practical. Home ownership rates literally only exist because the country is in a slow self-destruction. It could not exist if the Chinese bothered having babies or found it possible to move out of their parents' house.

    There's a reason why so many Chinese are immigrating to the United States. China is no utopia.

    • freagle@lemmygrad.ml
      ·
      21 hours ago

      LOL, lmao even

      China has a terrible starting point because it was an agrarian society with 90% of it's population living on a dollar a year prior to the revolution. That's because it was under a century of subjugation by European imperialists who forced China at gun point to continue allowing European drug dealers to destroy the country with opium getting 60% of the population addicted. They took over the port cities and administered tarrifs on behalf of China and took all the proceeds. And the Japanese invaded and occupied them.

      Then they had a devastating civil war that put the CPC in power, but the Europeans refused to allow total victory so they kept Hong Kong and they blockaded the island of Taiwan in order to protect their fascist puppet who spent the next several decades prosecuting the White Terror under their protection.

      Then the party tried to rapidly industrialize and solve their cyclical famines problem, but they had to do it without the benefit of any knowledgeable workers, any equipment, any chemical production, any Western support, and any research corpus for their climates and their crops. And they made bad decisions that had negative consequences that they learned from adapted to.

      The idea that children don't move out of their parental homes is absolutely not true. You're going to have to get a source for that.

      And the idea that so many Chinese people are dissatisfied with their country is belied by the Harvard 15-year study that showed 95.5% of people approved of the party and the national government and its officials.

      Utopia is never the standard we use, and no one is claiming utopia. But if you're going to set the standard at UTOPIA, China is far closer to utopia than the USA.

      • Che's Motorcycle@lemmygrad.ml
        ·
        19 hours ago

        China also had a major drought during the Great Leap Forward. They would have had a hard time even if they hadn't collectivized their agriculture.