Just because one’s house is one’s largest purchase doesn’t necessarily mean it’s an investment vehicle for which one can hope to get an 8% yearly return. China has a lot of public housing and is creating more, which in turn suppresses private housing prices. China to increase govt-subsidized housing in 2021-2025
Housing is the #1 investment in China by a long shot, what are you talking about?
Just because one’s house is one’s largest purchase doesn’t necessarily mean it’s an investment vehicle for which one can hope to get an 8% yearly return. China has a lot of public housing and is creating more, which in turn suppresses private housing prices. China to increase govt-subsidized housing in 2021-2025