You can tell the BOOMERS and ZOOMERS (or Millennials) in this thread. China knows what it is doing and what is right for its people.
1. BOOMERS : Line must always go up because they own all of the assets
2. ZOOMERS / Millennials : Literally priced out of everything
REMINDER : During the housing financial crisis of 2008 that basically got Obama elected, the US government bailed out Wall Street firms using tax payer $$$. What has happened since then - Rich got richer, the average citizen has gotten poorer, inflation, housing price skyrocketing leaving the young priced out, more government debt, etc. Imagine instead of bailing out JEWS / Wall Street and using government debt to do it, it allowed the natural market forces to work which would had make housing lower today (aka deflation)