sotimely@lemmygrad.mltoGenZedong@lemmygrad.ml•General Discussion Thread - Juche 113, Week 16
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6 months agoso far it seems the u.s. is happy to take advantage of the situation (iran), which isnt a good sign. another aspect is private contractors, which can apparently be deployed with less oversight. 😓
most Chinese families invest everything plus everything they can borrow, into a home. if property values fall, that will be perceived as a giant loss and could be a widespread freakout. so they try to keep home values growing like forevers. a bubble that is kept growing forever?