this post was submitted on 24 Sep 2023
103 points (70.7% liked)
Memes
45546 readers
1606 users here now
Rules:
- Be civil and nice.
- Try not to excessively repost, as a rule of thumb, wait at least 2 months to do it if you have to.
founded 5 years ago
MODERATORS
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
The uh...
The fucking Evergrande thing. They Ponzi schemed the whole real estate market.
There is now more housing in China than there is demand, yet houses still cost money.
Because they want housing to be profitable to investors.
Maybe stuff that people need to live shouldn't always be a for-profit endeavour?