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submitted 1 year ago by Pointtwogo@lemmy.ml to c/memes@lemmy.ml

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[–] Gradually_Adjusting@lemmy.world 8 points 1 year ago

The uh...

The fucking Evergrande thing. They Ponzi schemed the whole real estate market.

There is now more housing in China than there is demand, yet houses still cost money.

Because they want housing to be profitable to investors.

Maybe stuff that people need to live shouldn't always be a for-profit endeavour?