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白浆领主@mander.xyz to Memes@lemmy.mlEnglish · 2 days ago

What is renting?

lemmy.ml

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What is renting?

lemmy.ml

白浆领主@mander.xyz to Memes@lemmy.mlEnglish · 2 days ago
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  • Cowbee [he/they]@lemmy.ml
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    23 hours ago

    Not nearly as much, and without a massive homelessness problem.

    • Geobloke@aussie.zone
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      23 hours ago

      Add I’ve pointed out to you before the GINI disagrees with you.

      • Cowbee [he/they]@lemmy.ml
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        22 hours ago

        No? Homelessness rates are extremely low in China.

        • Geobloke@aussie.zone
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          21 hours ago

          So your home is tied to where you were born. If you move to the city for a better life, but it doesn’t work out the state well fox your homelessness by shipping you back to where you came from.

          The hukou system is broken, but it’s good to see that it’s being noticed and they are attempts to fix it

          • Cowbee [he/they]@lemmy.ml
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            21 hours ago

            It’s both a dramatic improvement on what was before, and the PRC’s homeless rate is incredibly small. You disproved nothing, and are moving goalposts.

            • Geobloke@aussie.zone
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              21 hours ago

              Fair enough on the goal post moving, but I’ll leave you with this, how would you feel if all your social services including residence we’re tied to the county you were born into?

              • Cowbee [he/they]@lemmy.ml
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                20 hours ago

                I think you have a very confused idea of China and need to turn off Fox News.

                • Geobloke@aussie.zone
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                  20 hours ago

                  You clearly still haven’t looked into how the hukou system works. I would urge you to listen to the sinica podcast

                  • Cowbee [he/they]@lemmy.ml
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                    20 hours ago

                    You clearly keep moving goalposts and are trying to distract from the very simple fact that China’s homelessness rate is dramatically lower than the US Empire’s. China is imperfect but ever-improving, something I can’t say about the US Empire.

      • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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        22 hours ago

        oh no the lib bible disagrees in face of all evidence, must be true 🤣

        • Geobloke@aussie.zone
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          22 hours ago

          What evidence 🤡

          • ☆ Yσɠƚԋσʂ ☆@lemmy.ml
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            22 hours ago

            this evidence ignoramus

            90% of families in the country own their home giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other leans. https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes

            Chinese household savings hit another record high in 2024 https://www.wsj.com/livecoverage/stock-market-today-dow-jones-bank-earnings-01-12-2024/card/chinese-household-savings-hit-another-record-high-xqyky00IsIe357rtJb4j

            Social mobility in China being far better than in the US https://www.nytimes.com/interactive/2018/11/18/world/asia/china-social-mobility.html

            The typical Chinese adult is now richer than the typical European adult https://www.businessinsider.com/typical-chinese-adult-now-richer-than-europeans-wealth-report-finds-2022-9

            The real (inflation-adjusted) incomes of the poorest half of the Chinese population increased by more than four hundred percent from 1978 to 2015, while real incomes of the poorest half of the US population actually declined during the same time period. https://www.nber.org/system/files/working_papers/w23119/w23119.pdf

            From 2010 to 2019 (the most recent period for which uninterrupted data is available), the income of the poorest 20% in China increased even as a share of total income. https://data.worldbank.org/indicator/SI.DST.FRST.20?end=2019&amp%3Blocations=CN&amp%3Bstart=2008

            Real wage (i.e. the wage adjusted for the prices you pay) has gone up 4x in the past 25 years, more than any other country. This is staggering considering it’s the most populous country on the planet. https://www.youtube.com/watch?v=Cw8SvK0E5dI

            Meanwhile, billionaires are fleeing China https://www.firstpost.com/explainers/china-billionaires-declining-rich-list-13830670.html

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