“We will scale up the building and supply of government-subsidized housing and improve the basic systems for commodity housing to meet people’s essential need for a home to live in and their different demands for better housing,” an English-language version of the report said.
It’s the assembly line model with vertical integration and economies of scale, and it’s extremely capitalist
It is capitalist, but it’s also socialist, which won’t be in the article, because a teardown can’t reveal those cost savings:
Etcetera. I think there are also various infrastructure costs that are cheaper thanks to being state run, rather than privatized and for-profit.
You really just said housing prices were not overly inflated in China? You guys gotta talk to some Chinese people for real.
Over-inflated compared to where? And China’s problem—while it does exist—is improving.
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