Umm not sure if you have been to China or actually know people from there, but no, public transportation isn’t good everywhere (especially in rural regions), and housing absolutely isn’t affordable, typically you need an entire families worth of income that goes to the son to afford a home, and on top of that, when you buy a home in China, you are given 70 year lease on the land, so not sure how many Americans would want that sort of thing. Great thinking of how things are far worse in other countries though.
housing absolutely isn’t affordable typically you need an entire families worth of income that goes to the son to afford a home, and on top of that, when you buy a home in China, you are given 70 year lease on the land, so not sure how many Americans would want that sort of thing.
Weird how despite all that, the home ownership rate in China is 96%
Umm not sure if you have been to China or actually know people from there, but no, public transportation isn’t good everywhere (especially in rural regions), and housing absolutely isn’t affordable, typically you need an entire families worth of income that goes to the son to afford a home, and on top of that, when you buy a home in China, you are given 70 year lease on the land, so not sure how many Americans would want that sort of thing. Great thinking of how things are far worse in other countries though.
Weird how despite all that, the home ownership rate in China is 96%
Maybe read up a little more on that before touting that 90% number. Not exactly sure you’ll enjoy those results: https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes/