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☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to memes@hexbear.netEnglish · 4 months ago

70% of China’s Millennials Are Homeowners, Canadians and Americans…Not So Lucky

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70% of China’s Millennials Are Homeowners, Canadians and Americans…Not So Lucky

lemmygrad.ml

☆ Yσɠƚԋσʂ ☆@lemmygrad.ml to memes@hexbear.netEnglish · 4 months ago
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  • memes@lemmygrad.ml

cross-posted from: https://lemmygrad.ml/post/6775077

https://betterdwelling.com/70-chinas-millennials-homeowners-canadians-americans-not-lucky/

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  • DamarcusArt@lemmygrad.ml
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    29 days ago

    deleted by creator

    • Yukiko [she/her]@hexbear.net
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      4 months ago

      Chances are the average millennial is just focused on surviving and not thinking about why their problems exist.

    • freagle@lemmygrad.ml
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      4 months ago

      AND ownership in the USA actually means having a mortgage and giving the bank a lien on the asset which they can then use to collateralize lending 10x more money, which expands the money supply for bidding wars to continue driving up home inflation.

      And then you realize that China doesn’t even have property taxes on homes!

    • Cimbazarov [none/use name]@hexbear.net
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      4 months ago

      I mean yea thats basically it. Anytime you tell someone that an issue in america is a solved problem in China, they just recite one of the hundreds of propaganda points they’ve been fed

    • peeonyou [he/him]@hexbear.net
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      4 months ago

      my partner and i make what would be a crazy amount of money anywhere else in the country but new york city and we will never be able to afford a home here… ever.

      we’re saving up while we have this income and plan to move somewhere in the midwest or south to buy a house one day

  • Cimbazarov [none/use name]@hexbear.net
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    4 months ago

    Yea but do they have iphones? smuglord

    • ThisMachineKillsFascists [they/them]@hexbear.net
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      4 months ago

    • hello_hello [comrade/them]@hexbear.net
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      4 months ago

      Unfortunately they do kitty-birthday-sad

      You can’t win them all.

  • miz [any, any]@hexbear.net
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    4 months ago

    did you know that the still-beating heart of a CEO can be exchanged for title on a three bedroom house? it’s true

  • LaughingLion [any, any]@hexbear.net
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    4 months ago

    they OWN them, too. like arent on mortgages.

    also, once your home is paid off, no property taxes. you never owe another penny on it except for maintenance

    • bountygiver [any]@lemmy.ml
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      4 months ago

      There’s a time limit of how long you get to own it, but it’s going to last past your lifetime anyways and how many people are living in generational homes? A leasehold land going back to the government also means new development to fit the new requirements of the city can be done in the future. (Not to mention this would prevent companies from holding large swath of lands forever and eventually become bigger than god)

  • DragonBallZinn [he/him]@hexbear.net
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    4 months ago

    porky-scared-flipped: “Don’t those browns know what homes are for? They’re for invoooooooooooosting! How are those poor oppressed browns going to booood their woooth?!?!?”

  • GalaxyBrain [they/them]@hexbear.net
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    4 months ago

    Mao landlords etc

  • OgdenTO [he/him]@hexbear.net
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    4 months ago

    But at what cost??!?

  • came_apart_at_Kmart [he/him, comrade/them]@hexbear.net
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    4 months ago

    homeownership rates in AES states compared to capitalist states is fucking crazy, and it’s so obviously an indicator of less precarity and more equity in AES for workers.

    so it never gets discussed in capitalist countries.

    • DragonBallZinn [he/him]@hexbear.net
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      4 months ago

      China looks at scarcity as a problem to be solved.

      America looks at abundance as a problem to be solved.

  • godlessworm [comrade/them]@hexbear.net
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    4 months ago

    ☝️🤓 um if i was a homeowner how would i get the satisfaction of tipping my landlord???

  • ClathrateG [none/use name]@hexbear.net
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    4 months ago

    ‘Nooooo the government can take them away they don’t really own them like in burgerland’

    https://en.wikipedia.org/wiki/Eminent_domain_in_the_United_States

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