“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 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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