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Shablagoo posted...

true dat playa 70% of Chinese millennials are homeowners

https://www.bbc.com/news/world-39512599

https://www.insider.com/meet-the-typical-chinese-millennial-income-housing-ambitions-2021-7

For someone who slurps so much, you should probably learn more about policies in China. It is absolutely great that so many millennials own their own home, but it is through the assistance of family: https://www.forbes.com/sites/wadeshepard/2016/03/30/how-people-in-china-afford-their-outrageously-expensive-homes/?sh=76511259a3ce

Many parents outright buy property for their children at a young age as a future investment and many are afforded that opportunity due to things like the one-child policy.

This is messed up. Now wonder China is passing us.

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