Take what I say with a big grain of salt because I’m just an onlooker, but from what I’ve heard housing is incredibly unaffordable in the desireable cities like Beijing and Shanghai, like $600000 for a 2bdrm when the median salary is $20000. It’s a speculative investment whose bubble has burst but prices are still super inflated.
Comment on Has any country actually _solved_ the housing crisis?
Flax_vert@feddit.uk 2 months ago
I think China is doing something funky, but it’s hard to get reliable information about that country
SuperSpruce@lemmy.zip 2 months ago
SubArcticTundra@lemmy.ml 2 months ago
Agreed. We are sorely missing an honest and reliable source of news about China.