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In China they believe houses are for living in not for speculation or profit. It has resulted in 90% of Chinese people owning their homes while people in the U.S. struggle to pay rent.China also invests in social housing while the U.S. government gives money to for-profit real estate developers to build “affordable housing” that is NOT actually affordable.
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In China they believe houses are for living in not for speculation or profit. It has resulted in 90% of Chinese people owning their homes while people in the U.S. struggle to pay rent.China also invests in social housing while the U.S. government gives money to for-profit real estate developers to build “affordable housing” that is NOT actually affordable.
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