Thread 513063909

The largest asset bubble in human history lmao.
https://www.zerohedge.com/markets/china-will-ask-firms-run-central-government-buy-unsold-homes

>>513063909 (OP)
They are turning them into nonprofit apartments retard. That is why the state is buying them

>>513064157
>state fixes homelessness with a plan to house homeless for doing government work like keeping streets clean, helping fix things around city, gets homeless experience. Homes go used, no empty neighborhoods

Why dont chinks just do this

>>513064157
>nonprofit apartments
kek. also known as "housing projects" here in America
>>513064366
That's not the problem at all. They built way too many homes, not too little. Now they have ghost cities and millions of unfinished buildings rotting away.

>>513064157
coping chink nigger

>shareholders and boomertards taking out loans to buy 3 houses they don't need are ruined
And?

>>513064157
well nobody is going to repair them or maintain them at all now

>>513064574
I am a Slav, retard. We just get along with China really well because we have so much in common

Oh no things are just going to get cheaper and affordable. Young Chinese will enter 1950s prosperity and have many children.

>>513064970
In China entire families went all in. First they used their life saving to get their child a bubbled asset, THEN they used the entire families savings to get more.
They dont really invest much in the stock market there because authoritarian government = volatile. So these people losing the value of the housing is hurting their entire nest egg.

Buy an ad.

>>513063909 (OP)
Im waiting for this to happen in the US so I can buy a home. Good things only happen in China these days

>zerohedge gypsy seething about Gyna
Oh wow. What does Peter Zeihan have to say about that?

>>513065419
Except a ton of young people are already on the hook for deprecating assets. Because in China parents help to buy it. China had higher millenial home ownership rates for that reason.
So they just all lost on what was invested.

>>513065357
youre not a slav, you chink nigger

>>513063909 (OP)
The Chinese housing market has 'collapsed' like 3 times in the last 5 years
Two more weeks

>>513065677
That's amazing cope. China keeps on winning.

>>513065773
cope chink nigger

>>513065429
you're telling me that boomers speculated on housing got destroyed and committed suicide

this is super based

>>513066014
Considering housing prices have fallen almost 20% in China?
I for one, love a major haircut on my primary asset. Especially if it was my parents retirement fund.

>>513064574
>>513065710
saar

>>513066160
so we should print money and bail out boomers for their stupid decisions forever?

pol's hateboner for china is really doing some work ere

>>513066160
Housing is for living in. Not speculating. KYS boomer.

>>513063909 (OP)
Oh no cheaper homes.
How terrible.
Chinese collapse 2025 incoming

>>513065429
So all the people who bought a house to live in will be fine, and all the people who are greedy trying to gamble and game the system will get fucked.
That is a complete non issue
Houses are for living in, cheap houses are a good thing

>>513066221
hu?
do I hve to suck chink dick?
fuck these pieces of shit

>>513063909 (OP)
and yet nothing will happen

I hate china so much that I will side with boomers and their housing ponzi because china bad

>>513066349
oh no the shareholders think of the shareholders

>>513063909 (OP)
china sucks balls, it's over for them

>>513066439
this entire board is nothign but chink niggers

>>513066250
That's what's happening with the government potentially buying the "unsold homes". Look at the headline.
This doesn't have a solution at this point. Not a good one. It's either inflate your currency and destroy your consumer market to buy those homes, or let the retirement savings (along with major banking stresses) of literally everyone implode. The solution was to not do something so dumb in the first place, 2008 style.

>>513066458
no
you picked a stupid thing to post about
most pol browsers are under 30 they are getting fucked by housing and rent you stupid kraut
try another china hatesink talking point

>>513063909 (OP)
>subsidising social housing so that people can live and have babies
No, gdp line must go up

>>513066558
>let the retirement savings (along with major banking stresses) of literally everyone implode
this is jew propoganda
there's no such thing as a financial crisis you've been brainwashed
jews borrow on leverage and then complained when they're not bailed out
if you make a stupid bet you should lose everything that's capitalism

>>513064970
Read the article retard. That's not what is happening at all. They're being bailed out.
>>513065565
Outstanding cope.
>>513065631
It's nice that Russian and Chinese shills support each other.

Central bank is able to buy non performing assets without it being any kind of an issue.
They're basically printing money to get rid of the huge problem.
This is how banks take the investments and make them a non factor for the economy in the long run, as they won't be dragging down the system during the recovery period.
Chinks basically expanded credit and spent it on new infrastructure and then make the banks to buy the part that didn't make it.
West on the other hand prints money and puts it into speculative financial instruments that create nothing new and at best inflate asset prices. This can't be handled the same way and this is going to fuck everyone up hard once things go pop.
China will recover way faster than the West and this is going to give them the no.1 position on global economy stage for the next 50 years or more.
If you have any brain activity you'll invest into Latin America and China when things go bust and you get a great entry.

>>513066569
80% of Chinese savings are in property. The CCP is terrified of a housing market collapse and doing everything possible to stop if for a reason. But BRICShills can only cope with "and this is a good thing"...but then why doesn't the CCP think it is a good thing?

>>513066276
>>513066343
Except the primary method of it wasn't speculating. As i keep pointing out. These people invested their savings to get their children a leg up, counting on their kids doing well to get taken care of in old age.
Now these children are all underwater. That's the biggest problem.
>>https://fortune.com/2022/08/17/china-property-crisis-housing-bubble-viral-video-official-says-buy-homes/
Then there's the fact that the CCP actually DID encourage this. So based!

>>513066558
china is going natsoc with their housing it's so fucking stupid, it's the same thing that retard hitler did when the nazis took control of germany's housing policy introducing Volksgemeinschaft and their 10-year housing plan in 1940

>>513066794
>doing everything possible to stop if for a reason

>the firms will be allowed to tap 300 billion yuan ($41.8 billion) of funding that the central bank earmarked for the program last year. That's about 9.7 trillion yuan short of what is actually needed to clean up the housing market.

doing everything huh

>>513066686
yeah nice bail out 300 billion

>>513066672
Well in China the pay for the houses before they're even built so if anything that's an even more retarded system (and why they've had to take such extreme measures in the first place)

>>513066794
>>513066805
Why would I read anything by a falungong shill?

>>513066774
>you'll invest into Latin America and China
Kek, i'd rather invest in japan, germany and israel. You go ahead and invest in favela inc.

oh noooooo
oh no nonono
the boomer SAVINGS
seriously

>>513066815
Now that they helped in creating thay bubble in the first place. There is plenty evidence of that. Both central and local governments.
They can't do anything else with the stock and need to come up with ANYTHING.

>>513066805
If you are rich enough to buy multiple homes you dont need a bailout. If you lose 20% of your retirement savings, you still have retirement savings. If your kids' second home loses value, they still have an income to look after you in your retirement

>>513063909 (OP)
basically chinks are losing all their money while we keep gaining value

>>513066903
Same reason you live in America and wont buzz back to your hive.

you guys realized in the US if the boomer savings imploded by 50% everything would be way cheaper.
The goods don't just disappear boomers just won't be able to splurge the way they used to taking reverse mortgages on their inflated housing scam.

All the cruiselines would go bankrupt

>>513067072
>we
Do you own a home boomer nigger.

>>513067088
Enjoy going extinct mayo monkey

>>513066921

I already did couple of years ago and the leverage is out of this world. I'm in the green and I'm going to be radically in the green in the next few years.
Protip, bankers have been moving investments into Brazil for a while now.
They're going to become an energy production powerhouse and the real economy always scales with that subject. Also their commodity industry is going to explode.
They have a shitload of poorfags who are going to go from nothing to real consumers and you won't find a greater growth economy opportunity than that.
So yeah I'll invest into Favela inc very happily. Now is about the last opportunity to get in cheap.

>>513067066
So youre just not going to address the fact that the CCP worked hard to help make this. And encouraged those moves?

>>513063909 (OP)
TCD

I don't think housing prices getting out of control is owning the chinks
someone let me know where I'm wrong about this

>>513067193
Actual white men adore China and wish her well
Go China, Go Russia <3

>>513067161
You're angry because it is very shamefurr.

>>513067331
i hope Xi sees this bro!

>>513067169
A single regional politician is not the entire CCP. Your own article talks about how the CCP is slowing down the property market
In fact the only crisis in the article is how people pool cash together to buy a house that isnt finished. Nothing to do with a crisis of people's second homes losing value

>>513067505
There's ghost cities all over China. The problem is systemic. The chinks also built a ghost city in Malaysia kek.

>>513066447
This is so their people can afford homes
In america that chart is just Jews further exploiting poors

>>513066343
>So all the people who bought a house to live in will be fine
No they wont since all the apartments (they dont build 'houses') are crumbling and falling apart within just 10 years of being built. We are talking buildings are literally falling down en masse in China right now because their construction standards are nonexistent and corruption is beyond ridiculous.

>>513063909 (OP)
>implosion
They've been deflating the bubble on purpose for years, because they can tell "investors" to eat shit and deal with it, unlike the West where the latter call all the shots

>>513067596
What about ghost cities in weimerica?

>>513067881
>4 posts by this chink nigger

>>513067768
That is what happens when you let a deregulated private sector do it's thing. YOUR economists suggested this. And now Xi has to fix it

>>513067505
You really dont think the CCP worked to encourage this via preferential development loans, selweetheart land sales, credit and capital controls, state propaganda and promotion of national juggernaughts?
How did this happen to their entire nation and not just thay 1 region then?

>>513067881
Ghost city in China is houses with no occupants
Ghost city in US is a city with no houses

>>513067936
>5 posts by this chink nigger

>>513066558
Solution: let the market crash while forbidding corporations, non-citizens, or existing homeowners from buying.

Enjoy the baby boom as suddenly your young people can all afford homes.

>>513067881
we have the exact opposite problem of ghost cities here.
housing is extremely undersupplied and boomers start kevtching if the price goes down even 2% down

we're getting rate cuts soon and that'll juice home prices more
eventually the boomers will die and we'll get a 40 year housing slump like japan has

>>513067881
Your NPC.exe defaults to "whataboutAmerica?" even when it makes zero sense at all.

>>513067959
Because they want cheap, available housing, but just like anything, some greedy people like that individual politician take the concept too far

>>513068029
Why isn't the CCP doing that then but instead bailing out the developers?

>>513068116
>the firms will be allowed to tap 300 billion yuan ($41.8 billion) of funding that the central bank earmarked for the program last year.
>That's about 9.7 trillion yuan short of what is actually needed to clean up the housing market.

what bailing out of developers
they're giving them basically nothing

>>513068032
Yeah right. As if you don't have robber barrons owning thousands of houses which sit empty waiting to be resold

>>513068195
How do you know how much they're giving them? Or do you just have to have something to say no matter what? That's what saving face is all about isn't it? Why give them anything at all chang anon?

>>513068029
>>Just wipe out a huge portion of your economy!
I sure hope it's not a major sector like Canada's econo.... oh
>>https://www.sciencedirect.com/science/article/pii/S2405918824000254
(From what I checked sources run from 19-26% depending on which year since their crelash)
Destroying the economy and banking structure would totally create a baby boom!

>>513068116
They are. Most private companies have crashed. The rest is state developers who cannot and shouldn't die

>>513068288
No, they're not. They're having state owned companies bail out the developers retard. That's what the entire thread is about.

>>513068263
it's in the zerohedge article
you posted the link to the article in the OP
did you... read the article? you did right?

>>513068091
So why wasn't that the goal in the first place?
Its almost like Xi has wealthy relatives in the real estate market and is protecting them. Its almost as if they're still trying to stop it all from crashing price wise.

>>513068384
Oh I didn't realize you were calling 300 billion "basically nothing" lmao! I mean it's such a retarded and pathetic cope I didn't even realize you were making itt lmfao!

>>513068435
>Its almost as if they're still trying to stop it all from crashing price wise.
no the article says the "bailout" is extremely minuscule

>>513068477
300 billion yuan not dollars
it's 7 yuan to a dollar so this is like 40 billion dollars. Nvidia the company is worth like 4 trillion dollars.
a 40 billion dollar company is like Target so they essentially bought one Target

>>513068573
And they haven't done any measures other than this one till now?

>>513064157
new wumao cope just dropped

>>513068708
the article says they did a bunch of other half hearted attempts
if you're doing a bailout with like no money it's not really a bailout. so no bailouts.

>>513063909 (OP)
Well gee, what if I told you the value of houses is providing shelter?
That's not gonna stop because some boomer scam went bust.
In fact you are patently retarded, comparing this to the inflated US market.
>China homes are super cheap COLLAPSE IMMINENT

>>513066815
So the Chinese government is building houses for their own citizens instead of allowing international corporations to control their housing stock which only rent to refugee niggers and jeets?
Sounds based

I think my life would be a little better if they stopped bailing out the boomers here and let rent and housing prices correct a bit that's just me though

>>513068838
"Half hearted"
>>lowered loan rates
>>lowered needed down payments
>>has fund to buy up at least some of the stock
>>special emergency loans to distressed developers
>>eased restrictions and taxes on buying housing
>>DEMANDED other developers restructure or liquidate
>>arrested some not politically protected executives
>>allowed real estate companies to access more "pre-sale" funds (in China you pay for something not yet built)
Literally everything you do in a housing crisis.

>>513069285
you're going to keep arguing this side of the argument even though it's clearly wrong right

>>513068573
I know it's yuan fool. Still a lot of fucking yuan!
>>513068935
>>513068935
>Well gee, what if I told you the value of houses is providing shelter?
You should tell the Chinese that and not me. They put all their money into property and that's what has created the biggest asset bubble in human history.

>>513068935
No one is living in these homes, they are all structurally unsound and the only reason they were bought is so that they could be sold later at a higher price as an investment. Which is not going to be happening because no one wants to buy them.

>>513066151
Difference is the young are going to eat shit to cover the cost when the government bails them out and makes 2008 look like a rounding error.

>>513069390
Lmao your point is that China screwed foreigners? What they always do?

>>513069698
the bonds are denominated in dollars it doesn't mean the loans came from the USA
US dollar bonds means the bonds pay out in dollars

>>513069692
look as of right now I see no indication of them bailing out boomers or investors or jews using money from young people
read slowly and carefully don't just jump to conclusions or make assumptions

kind of realize that yeah it's probably asking a bit too much for poltards to read the article before commenting

>>513069788
It literally says offshore debt in your pic

>>513063909 (OP)
Did anyone actually think commie state controlled capitalism wounldnt end in economic disaster?

>>513069901
i'm not going to type out a paragraph please just google it sigh
it's primarily chinks lending to these housing developers and campbell is saying chinks will sell yuan and buy gold from here

>>513066805
>Oh no we have too much nice infrastructure and wealth that people can acquire for cheap
>old chinks can’t aggressively exploit young people like greedy Jews
Come up with something better to make me hate China please this just makes me hate Jews and boomers more

Why did they think printing houses for a nation that's primarily poor as fuck and depends upon said majority being poor as fuck think that it would improve their economy lol

>>513070618
they copied US boomers housing ponzi scam because of lack of creativity
did it with a 1 child policy too

>>513066115
>Won't somebody please think of the foreign real estate investors!!?

>>513070618
They didn’t do it to improve their economy they did it to improve the living standards of their people….
Rising housing costs and a housing shortages are disastrous for the general wellbeing of people.
Only complete fucking retards or boomerkikes see it as some type of celebration when housing prices skyrocket.
The point of a society is working together so that essentials like housing healthcare education food water are easier for everyone to acquire. Not making rich Jews richer.

>>513070841
you bring shame upon china

>>513063909 (OP)
Oh god no not cheap rents and affordable real estate IM GOING INSANE HELP ME NIGGERMAN AAAAAA

Fuck (((investors))) , they contribute nothing and only leech.

>>513064157
Fpbp
>>513065172
Yes because your jewish slumlords are doing such an amazing top notch job of it. Delusional mutt bootlicker.

HAHAHAHA CHINESE PEOPLE HAVE CHEAP HOUSES THAT MUST SUCK SO MUCH

>>513070841
>foreign real estate investors
no offshore debt just means hong kong most of the losers were chink boomers or chinks putting their money into banks that gambled and blew up

>>513070998
this guy on the left is a loser that got fired from his job. if a bank does a bunch of stupid things it should fail.
if you run a housing bubble for 15 years you will eat 15 years of pain and there's nothing you can do to avoid it. Doing bail outs just extends it short term and makes the eventual collapse worse.

Japan had a 4 decade bust after their property bubble because they kept prolonging it.
Say no to boomers and no to bail outs

>>513070885
>easier for everyone to acquire
Yes because rampant pollution, tofu dreg construction, and fixed prices in ghost cities is 'improving welfare' lol

>>513063909 (OP)
It sounds like they have an abundance of affordable housing that they can buy at a discount from greedy boomers and corporations. Why can't we have that?

>BUT IT'S GOTTEN CHEAPER
lol
lmao
not even bugmen want to live in tier 3 cities let alone invest in them

>>513070998
Oh no not the banks please

I'll immediately indebt myself for 20 years, then take out another 20 years loan so I can give a 100% tip on the sales price. I'd rather die before Mr Shekelberg has to sell one of his 18 vacation mansions!
I cannot allow this to happen!

>>513069788
>Government will have state owned banks buy the property
>State owned
>Government money
>The money is from taxes
>Young people pay taxes
Fuck off

>>513071825
>NOOOO liberal dogma dictates that LINE *clap* MUST *clap* GO *clap* UP! The investors are STARVING!!!

>>513064547
>kek. also known as "housing projects" here in America
those work pretty well until negress career bureaucrats set up they baby daddies in section 8 vouchers. it's when certain ethnicities move in that things go to shit

>>513072214
I mean yes it does, Li Quang and the Congress sets their goal to be consistently 5% GDP growth retard
Haven't you read Xi Jinping Thought? The main goal of the CCP isn't to increase welfare or equity for the common people but to maintain the power and infallibility of the CCP (top 7% of China)

>>513072089
the article said 40 billion dollars
that's not much

I've made this post like six times already

>>513072223
So they don't work well is what you mean.

>>513064366
They built 60 million homes for like 60,000 families.now the government bought them so they can put $600 million worth of led lights on them.

>>513072503
>I've made this post like six times already
Way more than that. 23 posts by this ID and you just keep seething moar and moar.

>>513072408
>sets their goal to be consistently 5% GDP growth retard

And where does it read that has to be done through real estate? Its jsut not suitable fo rtaht purpose as nothing actually gets produced by (hyper)inflating real estate prices.

>The main goal of the CCP isn't to increase welfare or equity for the common people but to maintain the power and infallibility of the CCP (top 7% of China)

The easiest way to maintain said power is by increasing welfare and equity of the common people, thus keeping them happy and pliable. Thats literally rulership 101.
The fact that your own "Elite" is in an open state of war against the common man is warping your perception. The relatiosnship between rulers and ruled is not an adversarial one under healthy circumstances.

>>513072642
>The easiest way to maintain said power is by increasing welfare and equity of the common people, thus keeping them happy and pliable.
The CCP has failed in that regard utterly.

>>513072504
they could potentially work in china

>>513072503
To start. See you when it's 400 and then 4000.

>>513072694
Still doing better than your guys, thats for sure.
Also, handing out a bunch of free houses is just they thing that would help them out in this situation.
The difefrence is that the CCP has no problem with lettign a few bankers splat on the pavement if it increases the loyalty of millions of Chinsk, whereas your rulers gladly de-house millions of americans to paint a smile on Mr. Larry Finks face for the day.

>>513072753
no the article said they had 5 previous bail out programs that were also nothing burgers

>>513072538
you have 18 posts.
like 6 of my posts are explaining to you the article that you posted and didn't read

>>513072745
Yeah ok sure. China has proven that communism works in China. Just ask the sparrows.
>>513072863
You sound like the same retard who was seething in the thread about American oil production.

>>513072954
>you have 18 posts.
It's my thread. You prefer 1pbtid OPs I'm sure don't you zipperhead?

>>513073022
why are you mad at me?
I corrected the chink too when he thought chinese developers were ripping off foreign investors

nobody in here knows what they're talking about it's just the typical wumao chinaADV slopfest

>>513072993
Meds

>>513073125
The CCP is ordering public companies to buy unfinished properties from distressed developers. This is a bailout of the developers. Your only response all thread has been "well 300 billion yuan isn't much so it's nothing". OKAY, got it. Why are you still here then?

>>513072642
>And where does it read that has to be done through real estate?
It WAS the easiest way to grow their market easily. It was implemented in the 5 year plan following the 2010 recession and peaked around 2015. Look up 扩大内需十项措施 for more info

>>513072993
>China has proven that communism works in China.
>moochers can mooch off moochers and it works

think you're right I'm going to shitpost on /v/ now

>>513073843
it's where you belong

>>513063909 (OP)
noooo they have too many homes??? help help help!!!

>>513073588
Well, it has fulfilled its purpose now. Cheap and available real estatefor the average Chinaman is assured for the coming future. The massive social conflicts, widespread disillusionment and unrest plagueing Western societies as people literally cannot afford to live has been averted.

You won't believe how much leeway a government has as long as it can ensure food and housing to its citizens. Its literally an insurance against reballion. The very things that Western governments are inflating the most in their mindless and unthinking service to (((banks)))

>>513072863
Splatting bankers is a bad sign for your system but I think you know that.

>>513074001
The thing is that housing/real estate is the only financial instrument available to most of the population of China with higher densities/smaller space compared to that of Western equivalents. Plus it's all on a lease anyways in China with no real private ownership unless you're a higher end party member.

>>513073984
>>513074001
I'm loving this cope babes. Thank you.

>>513074001
Do you really think the U.S. is on the verge of a rebellion? Don’t you know nothing ever happens?

>>513072223
Government and non-profit land trust housing is a different thing retard.

Non-profit housing means that once the building has been paid off the rent is more or less capped and no longer subject to the market.

>>513064366
>>state fixes homelessness
There are 2 homes for every 1 Chinese citizen and they still have more homeless than America has people in total and tens of millions of Chinese still live in caves. Money flocked to the housing market because it's literally the only thing people can actually own under communism and the only place they could invest money. But there are no buyers, no renters, no way to get your money out of the collapsing Chinese housing market. Chinese are actually the stupidest and most incompetent retards who ever lived on the planet because anyone with a 90 IQ or above could see this coming.

>>513063909 (OP)
so that's why Russia is betraying them to make deals with US

China is collapsing because homes are getting cheaper?

>>513074438
This is all true and causes immense seethe.

>>513074583
No it's because they wasted a ton of money printing tofu that no one wanted

>>513070943
>Fuck (((investors))) ,
nigga, Xi himself pushed people to buy into the house market in the 10's

>>513074438
So homes are getting cheaper, and greedy boomers who wanted to exploit young people by speculating on homes are getting btfo? Ultra mega based, i wish China would do that here.

>>513074667
Building homes is a waste of money? Cheap available housing is a waste of money? I want to hear what you think is a valuable investment

>>513063909 (OP)
The housing market started collapsing here in Calgary as well

>>513074701
>homes are getting cheaper
Only in places that where if you lived, you wouldn't be able to afford them anyways like in tier 3 shitholes

>>513074438
> Money flocked to the housing market because it's literally the only thing people can actually own under communism and the only place they could invest money
This is so fucked up. I would hate it if I couldn’t only invest in housing! How are you going to diversify? Good luck with that!

>>513074701
There are no jobs so young people can't afford to buy any homes from the boomers and can't afford to have kids. The population collapse in China is on a scale and rate never before seen in human history.

>>513074701
80% of Chinese savings are in property. Chinks are going to get much much poorer and it will cause much sociarrr instabrrrity!

>>513074807
*could only

>>513063909 (OP)
How does swapping two numbers on a ledger change anything?

>>513074794
I have a friend in Tianjin who bought a house recently. Tianjin is a tier 1 city. She said housing prices have been going down, although not as quickly as smaller cities. Why do you lie?

>>513074836
>But muh communism!
>Muh shiny city skyline!

>>513074836
Indians invest in gold. Little do they realize that the next time their government is in a protracted war that gold will be confiscated and sold for war material like it happened in WW2.

>>513074758
>Building homes is a waste of money
Literally yes if there's no demand retard and it was built on pure speculation. Luxury condos aren't going to be converted to section 8 housing since it would become a net loss to maintain

>>513063909 (OP)
>Can I have a home
No we need the firms to buy the homes
>oh why
To keep the prices stable
>so like the same high price but why
Because if we don’t the economy will crash
>oh that sounds bad what would happen to the price of houses
They would go down
>if the prices went down I could buy one
No we need the firms to buy the houses
>okay but what will the firms do with the houses
They will keep the prices stable

>>513074955
The economy crashing is a bad thing but you already knew that.

>>513074825
>There are no jobs so young people can't afford to buy any homes
Except home ownership in China is above 80% among millenials. The same generation in the West is around 40% (depends on the country).
>The population collapse in China is on a scale and rate never before seen in human history.
Ukraine is much worse. But is China less than 40% Chinese? So i think they are much better than you
>>513074836
Ok, so people speculating on housing are getting btfo? Based and redpilled, Based Emperor Xi is fantastic

>>513074950
This, cheap available housing is cringe and bad, Mr Goldstein told me so. How would kikes speculate on housing if there was availability!?!?!?!? We need to manufacture scarcity!!!! Thank you mr Shekelberg! We should redirect investments to welfare for non whites and tranny pills for children

>>513075054
>Ukraine is much worse
It’s not good when you have to compare yourself to Ukraine

>>513074825
How about compared to South Korea and literally now?

There is a lot an economy can do when fighting a trade war when everyone is assured at least of free housing. How low can US corporations drop wages to compete? Operation Infinijeet will have to be moved forward I suspect.

>>513075191
>it’s all just greedy people screwing things up for the rest of us! If only they’d stop being greedy!
Classic left wing analysis of the world

>>513075217
Japan lost almost 1% of their pop on 2024, around 900.000, despite importing hundreds of thousands of shitskins. I think there are much worse examples than China

>>513075191
Bruh, that's literally what the state government of China advocated for. The local governments took out massive federal loans and tried to print high end apartments/office buildings and found out they couldn't recoup their initial investments.
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2821331

>>513065172
The party can simply mandate their state owned enterprises to do so

>>513075261
>assured free housing
What’s their motivation to work?

>>513075054
>Except home ownership in China is above 80% among millenials. The same generation in the West is around 40% (depends on the country).
You gotta be fucking kidding me.

>>513075340
If china wants to import people, do they have to give them free houses?

>>513075341
>Bruh
Of course the mutt adopts nigger lingo. Why are mutts like this?
>that's literally what the state government of China advocated for.
And that is a good thing, home ownership among Chinese millenials is over 80%, which is a great thing. Another successful initiative. Now the "new" initiative is the 3 red lines, announced in 2018, to curb the housing bubble, which also worked. China truly is based and efficient, i wish my government was half as good as them.

Soon all Chinese citizens will have shelter instead of living on the streets like Americans do. The horror....the horror....

>>513075559
Yes they all have mortgages on leased properties since they literally have no other financial instruments. How is that a good thing?

two more weeks

>>513075647
Wrong, the usual way Chinese buy properties is polling together savings accross family. Most middle class Chinese get literally gifted a house by their parents. Getting locked in a 35 year mortgage is not standard at all in China
>How is that a good thing?
Cheap homes are a good thing. Greedy boomers taking out loans to speculate on real estate and getting fucked is a good thing. Those people killing themselves is a good thing. Again, people who have mortgages on their primary residences do not get affected, other than every once in a while thinking "if only i bought it later, damn it". It is people taking mortgages to speculate who get fucked. Which is mega based.

>>513074438
Imagine how much better that money would have been spent if they just loaned it at 0 interest to get people to build their own houses and buy apartments

>>513075381
Americans are weird. You'll consume a lot less (as Trump mentioned, you'll be able to afford 97% less for your children), they will consume a lot more.

>>513075408
Same as Russia. Why do you think the west is desperate to destroy them?

>>513075635
China has managed to cut pharma prices by 53% in recent years. China first, not Israel first.
This isn't as impressive as Trump's 1000% cut for Americans (numbers China's engineer dominated government did not think possible as he said) but it still helps reduce the cost of living.

>>513072863
>ctrl+f Blackrock
>1 result
Damn /pol/ really is dead

>>513076322
>“We’re gonna get the drug prices down, not 30% or 40%, which would be great. Not 50% or 60%. No, we’re gonna get them down 1,000%, 600%, 500%, 1,500%. Numbers that are not even thought to be achievable.”

>>513075920
Yes and cheap homes would be great in A NON DEFLATING ECONOMY
The entire fucking chinese state government is also leveraged twice to three fold as well

>Jews say Russian economy will collapse
>Jews say China's economy will collapse
Two more weeks

>>513063909 (OP)
it may also suggest the population collapse they have been trying to hide. There are no buyers for boomer chink houses

>>513075054
>Ok, so people speculating on housing are getting btfo?
Yep, the entire Chinese middle class. Gonna be fun right chang?

>>513077189
>it may also suggest the population collapse they have been trying to hide
I believe this is indeed the case, yes. China's population is already falling and they have massive emigration. There's also the fact that their hospitals get gibs per baby delivered and have been pumping the stats for decades now. Who knows how many chinks only exist on paper. The might have built ghost cities for changs that never actually existed.

China cope is only getting funnier over time.

>China is totally collapsing.
>I watched a YouTube video from a channel thats been been posting china is collapsing vids for 8 years
Something that is currently collapsing is Ukranian frontlines.

>>513077607
Only thing funnier is nafo westoid cope and butthurt.
Ten thousand Russian collapsoor videos and here we are Ukraine going to swap land.

>>513063909 (OP)
Silly chinese making housing affordable. Don't they know how much money can be made in rents and by reseling properties? Sure there's more homeless, but you can always can always just use the police to run the homeless away from where the rich and the powerfull live?

>>513063909 (OP)
>chinese real estate prices dropped
>country's property collapse
>disaster
shalom

>>513077759
>>513077906
>>513078162
>>513078619
I'm loving how triggered the BRICShills are by this thread.

>>513078162
>making housing affordable
The point is that there's not enough demand in a deflating market to offset the costs of a bunch of highly leveraged high end property that the local governments built on credit

>poorfag goycuck can't afford housing or food
>brags about how much money jews are stealing from him and fucking him over with rent and interest rates
>doesn't understand that elites are deliberately turning US into a poor third world country to get manufacturing back
Many such cases

>>513066458
I think you're right.
It's mostly chinks and niggers and street shitting shit eating niggers from the flaming garbage pit (India)

USA
USA
USA

>>513081162
Thanks for the bump

>>513063909 (OP)
Two more weeks, bro.
Meanwhile 70% of Chinese millennials are homeowners.
And only 51% of American millennials are.

>>513064157
Go back to China and enjoy the "nonprofit apartments" hypocrite

>>513081907
>own home
>but it's worthless and you can't sell it
>it's located in a ghost city on the other side of the country that no one lives in
Being Chinese is humiliation.

>>513081907
>Meanwhile 70% of Chinese millennials are homeowners.
Imagine how angry they will be when the value of their homes implodes lmao.

>>513066805
asian parents dont buy future homes for their children. what is this shit. anybody who would do that is already so well off that they can tank a bubble collapse anyway

>>513064157
>>513064547
>nonprofit apartments
>housing projects
I'm not sure the chinks have been able to unstink the unsellable apartments they welded people into the last time around, though. I'm not getting the business model here. Personally I would be very wary about going into a space that already had zip-cut marks on the outside doorframe. Maybe just me, I dunno, but I hate apartments anyways, so hey.

>>513082401
I'm sure they'll rise up and demand American-style capitalism...
Except this time for real.

>>513064366
>offered free home in Ordo
>pack up family in the old family jalopy, a la Beverly Hillbillies
>move into new free home
>water supply on the blink for past several weeks, so only 3 days til death
ngl, I'm laughing pretty cruelly right now
Let them die.

It is obviously time for China to start accepting migrants.

Right anon?

Right?

>>513063909 (OP)
All Jewish experiments are coming to an end.

>>513063909 (OP)
Havent we been over this before? Remember Evergrande you have been wishing for so long?
Nothing happened after it went bankrupt or whatever. So onto the next cope?
Its like the 3GD actually does collapse one day and you find out its contained the next day, setting yourself up for disappointments like this is really sad.

>>513082783
It was pretty based when chinks threw the Covid enforcement glowies off of rooftops.

>>513084309
Maybe one or two, but most called those assfuckers "Big Whitey" as a term of affection because of the moon suits. China is "choke me harder daddy" the country.

>>513084449
>China is "choke me harder daddy" the country
the irony is just too much

>>513084583
Our pols--burger and bug-burger--are identical: empty suits, to a woman. But the population is quite different. Whites--even poor, dumb rednecks, and even rich dumb yuppie whores--hesitate just a little bit longer, statistically, before letting the extra long Qtip up their nose. It might only be a 10% difference, but it's enough.

>>513066458
i fucking hate these fucks, every other leaf poster and aus flag is a fucking chink shilling for chinks

Wew

>>513082372
>>513082401
peak amerigoy cope

>>513085015
We call them bugs but the good news is they're headed for population collapse.

>>513085218
it is funny watching mutts accusing anyone else of population collapse

>>513085428
We've all got it bad; but whites are beating chinks, for what's it's worth.

>>513085523
>but whites are beating chinks, for what's it's worth
Sure you are, is that what you tell yourself in order to sleep?

>>513085523
>We've all got it bad;
Nope, China was 92% Han Chinese 50 years ago, and it is 92% Han Chinese nowadays. You and the West have it bad, not everyone

>>513063909 (OP)
2 more weeks kek

>>513064547
>"ha, we gave the concept of people able to afford to live a negitive sounding name, checkmate!"

>>513085626
Okay VPN chink, whatever you say! Here's your shekels. Don't spell it all on one batsoup.

>>513085893
lmao, seething so much. I accept your concession

>>513086178
Like chinks (and like you) this family rides on our coattails. But the truth is they will still get further than you, because at least we have freedom. Chinks laugh about that all day because the only chinks who understood that word fled or were murdered.

>>513085197
you have no response because of the asian verbal iq, and you wont go back because China is a shithole
>>513085813
cringe

>>513086322
Chinks are good, I admit, at spotting shit in America, because it's all they've ever seen their entire lives.

>>513086312
>because at least we have freedom
Nobody is jealous of your "freedom", we laugh at it these days, get with the program.
All that freedom you elected a nigger twice, and enslave yourself to Israel, sad.

>>513086574
As you prove every day, you don't understand it, never understood it, and never will understand it. A white man tries to teach, even in the face of hatred. Where a chink, like a nigger, can only feel resentment and rage.

>>513086574
At least the CCP enslaved Hong Kong and turned it into a shithole like the mainland. That was funny and good.

Here's my favorite though: the "Great Wall of China" is not a Chinese wall. It's an Aryan Wall. The crenellations for defenders face South to defend the North. And on many sections of the wall you can still see that. The chinks knocks down some of them and erected inferior versions to try to sell the fakery. Keks

You don't even have the Great Wall

>>513086638
>you don't understand it, never understood it, and never will understand it
Nah we just see the results of it, everyone can. Evidently its not worthy to understand.

>>513086843
True slaves love their enslavement, and long for nothing else.

>>513086880
lmao

>>513064157
SAAAAAAAAARRRR... Ahem. CHING CHONG WE COMMIE BLOCKS NOW!
>>513065357
Shut up wumao!
>>513065419
CHYNAH NUMBAH WONG! Cope...
>>513065429
Yes it is known. Great leap forward 2.0 is here. Chinks will starve. But before that, they will cope and seethe.
>>513065631
Shut up chink! You will die for zog soon!
>>513065773
chynahs entire history is collapsing into a mass famine. Now shut up yellow kike nigger!
>>513066014
Xi got purged, he died for his zog masters, as will you. Now shut up chinkcel.
>>513066221
Ching chong ping pong!
>>513066306
Cope
>>513066903
Shut up wumao, you'll be dying for zog soon!

>>513086919
We hate our government and always did. Because we love freedom. But chinks are something else. I guess it's like anons say, when you're rape babies for 1200 years, you stop being good at making decisions.

>>513086880
>True slaves
You would know wouldnt you?

>>513063909 (OP)
Why not just give the houses out to their citizens? That seems like the kind of thing a communist nation should do

>>513087013
Hating your government is the essence of freedom.

maybe if they ran it not like slums their shit would sell

>>513087013
>>513087062
>Hating your government is the essence of freedom
Hating but do NOTHING about it, thats the way eh?

>>513087062
Naturally. To a limited extent, both chingchong and white Americans suffer from an 'alien power over us' it's just that one of us is more equipped to deal with it.

>>513087133
I voted Trump and he's why you're so angry.

>>513065429
Same happened in ireland and spain. No one cared.

Even leafs, who are basically castrati, are upset at chingchong. You guys fucked up.

>>513087195
>I voted Trump and he's why you're so angry.
Not really, he always chickens out. He will literally make China great again.

>>513087326
>Even leafs
Thanks to Trump that is literally changing.

What is the difference between a jeet and a chink, who demand access to our markets and our freedoms, and demand (and receive) special privileges merely out of our largesse? They're the same picture.

>>513085197

Most of the Amerimutt memes have some truth to them, but it’s impossible to talk shit about Buc-ee’s, your insults just don’t hold.

Buc-ee’s is the utopia the American Founding Fathers were fighting for, you’ll never understand how wondrous it is.

>>513087376
This chart brought to you by this man. You can't make this shit up.

>>513087351
Xi bent the knee and it was glorious. He's going to do it again soon.

>>513087550
But picrel is giovanna coi.

>>513087557
>Xi bent the knee
See this is how you know you are delusional as hell, you chuds need to get in touch with reality.

>>513087550
idk who that is. But the chart make sense. How crazy do you have to be if you think Trump is making the US popular?

>>513087687
Imagine admitting women to university. Imagine the first moron to take a bribe from a kike who permitted this to happen.

>>513063909 (OP)
better import Indians and subsidize them with tax dollars so they can buy up all the houses and be a min wage scab for boomer middleman

>>513087757
Kek. This.

>>513087704
Chart makey sense! Look at the picture again chong. Even the Japs have their tradition of the Tengu. Where is your immune response?

>>513087709
Great taco bowls

>>513066160
I'm just gonna wade in here and say ngl I fucking wish house prices would drop 20% over here. 90% would be even better.

>>513087985
My dear bong, cool it with the anti-semitism

>>513063909 (OP)
>chink houses prices aren't increasing
>young people being able to afford propiety is somewhat concerning and bad news
>LINE MUST ALWAYS GO UP
I really fail to understand the problem. I'm either too economically illiterate or everyone in the West has just accepted and convinced themselves that if property prices don't increase 50% each year is somehow a crisis.

>>513063909 (OP)
China a culture of scamming!

>>513088155
>>513088155
>>513088155

>>513088107
It's kikes all the way down anon

>>513088189
>serpanza

>>513072504
>>513072993
Missed the point award.
China is full of Chinese people, rather than NIGGERS, so it might work. How clearly does it have to be stated?

what is the falun gong and why do they fear it so much?

>>513063909 (OP)
Damn, so china made housing affordable for everyone?
Fucking based, fuck landlords.

>>513064574
>Cope
Home ownership rate in China: 95%
Home ownership rate in Germany: 46%
Yeah I'm definitely seeing some cope here

This doesn't surprise anyone. Chinese houses are sheet metal shacks stacked side-by-side in giant slums that look like refugee camps and homeless cities. There is a reason that 99.999% of images of China are zoomed out images of the same building covered with LEDs rather than showing where people actually live.

>>513089950
Fact: Chinese people consider apartment rental to be "ownership". As far as they are concerned, it belongs to them. You are coping marginally harder than they do.

>>513090180
>Chinese people consider apartment rental to be "ownership".
What the fuck are you on about retard?
Nearly all Asians are obsessed with owning housing.
Are you really saying that buying an apartment shouldn't be included in the home ownership rates?

>>513089812

the USSR achieved that way before red China and yet it collapsed.

>>513090321
>young people been able to afford a house, food, a car and raising a family means everything will collapse!
10/10 kikery
Also, we both know the URSS didn't collapse because of that.

>>513090180
>Chinese people consider apartment rental to be "ownership".
if this was true, then the ownership rate would be 100%, right?

>>513064366
Because it undermines the labor incentive. Making everyone "equal" erodes the perceived purpose of work and success. Basically, China is going World of Warcraft welfare epics nerfed content; right as AI is going to wipe out all games, intellectual pursuits, relationships, and China's already weak social structure. Not to mention the buildings are all scam trash. China is going to be the first nation wide mass suicide state.

>>513090294
Do you own the land? Otherwise, it's just a rental by another name. We call it 'leasehold' here.

>>513066447
my dong:
>strong
>upward
>erect
your dong:
>slouching
>meek
>curving down

>>513066921
>two former axis nations
>…and israel
Yeah buddy something doesn’t add up.

>>513063909 (OP)
Get your pacifier chang!
Lmao

>>513074758
Japan already went through this and now they have a bunch of Akiya. China will have even more worthless Akiya nobody will want to buy nor live in. The owners won’t be dead though like in Japan; they will be random families that paid in life savings to receive abandoned buildings with no amenities and no residents. Just corn cobs.

“Cheap housing” shills are just here to troll.

>>513075559
Bruh, that’s white Zoomer lingo. Niggers call each other “nigger” naturally. Obvious wumao.

>>513063909 (OP)
There is nothing wrong with this.

If you'd over produce housing in the west there wouldn't be a real estate bubble to begin with.

>>513094966
>nobody will want to buy nor live in.
Means alot of cheap houses available, forcing the housing market to be cheaper. super based
>>513095134
you could argue "bro" is white lingo, more specifically california surfer lingo from the 80-90s, but "bruh" is the niggerification of it
https://www.youtube.com/shorts/1kFLHJpPPFY
It is yet another instance of muttoids worshipping niggers and mimicking them. It is so natural to you that it doesn't even register. Why are mutts like this?

>>513078162
which part of the CCP is ordering state companies to buy up tofu dreg ghost cities to keep prices up did you not understand?

>>513084173
Evergrande was delisted from the HK market two days ago
this IS the happening lol

>>513085015
the way to defeat them is to ask why they are not in China right now

>>513095435
>cheaper
…for whom? The 5% of people that didn’t already buy? It’s not like Blackcock owns all these properties, it’s regular Chinese families.
>bruh
唓

>>513096034
>…
what a faggot redit libshit passive agressive move
>for whom?
For those that are on the market to buy. Supply and demand. Alot of supply will push the housing prices down.
>>bruh
>唓

>>513093051
>Screeching about 99 year leases in another country when your fat ass won't make it to 60 and one fifth in your own cunt are the same
Are you not at all worried about your own backyard? Many of those leaseholds are due to real soon.
The very first 99 year lease in Singapore is due in 50 years. Acting like the world won't be a very different place then it's dumb
I'll be balls deep in my robo cat girl harem on the moon personally but we can come back and discuss it then.

>>513085015
Yellow pussy got them too good
See it all the time
It's the white mans kryptonite

>>513064157
Lol. Lmao even. 90% of them aren't livable, half of them aren't even built. This is the CCP being asked to permanently subsidize the scam in order to, for a short time, avoid the shame of an economic meltdown.