>>1800744Fun Fact:
Did you know that the Chinese economic growth is surprisingly stagnant in most sectors of the economy? Unlike other countries, who offer valuable aid programs to it's citizens, the Chinese have very little, and so despite their "rising" middle class, that middle class has fastidiously saved their money every year rather then spend it? Indeed, this was a bad thing for the CCP economic engine, as SEAnigger countries started to, and continue to, eat into their low-cost slave labor markets.
However, they do spend their money on one thing. Real Estate. And so in response, the Chinese build real estate. Except no one lives in these houses. They're investments, but not meant to be lived in, because who buys investments to rely on them? In fact, houses, and even apartment rents, are seen as more of a social status symbol then a roof over your head; Chinese women are unlikely to even look at you unless you own at least three houses.
As a result of this, the Chinese real estate market is completely, insanely inflated, as demand is so high that they need to get live-streamed raffles, watched by hundreds of thousands, to try and get the chance to put in an offer on new real estate, let alone actually pay for it. And despite that being true, China is also a country where nearly a full 25% of all houses go without a single occupant, all while millions die homeless in their own country?
In fact, this trend is also why real estate prices are going up worldwide. In countries like Canada and Japan, Chinese citizens buy up houses meant for people to live in as investment property, with no intention of selling them for at least 20-30 years, but also no intention of living in them. As a result, land values worldwide are artificially inflated by bugmen stupidity.
I just thought you would find that fun to know!
