China is in south America?
Viva la República Popular China!!! 🇨🇱🇨🇱🇨🇱🇨🇱🇨🇱🇨🇱🇨🇱
I found this list of home ownership rate in the EU and EU-associated countries. If you order the list from most to least home ownership, the top 13 countries for home ownership are all former AES states. Even from beyond the grave, a socialist economy is improving life for the peoples of the post-collapse statelets.
Its also really surprising to me that western europe, especially germany, being a front line of the cold war, doesn’t have higher home-ownership rates. These are very rich imperial-core countries, which had huge infusions of resources from the US to raise standards of living after WW2 and provide a more appealing “alternative to communism”. Yet home-ownership is still pretty low in a lot of these welfare states.
Very rich global powers = exploited working class. Simple as that. German houses are very expensive to buy and most regular Germans have to save a lifetime to buy.
the maoist uprising against the landlords was the largest and most comprehensive proletarian revolution in history, and led to almost totally-equal redistribution of land among the peasantry
I love this video because it really concisely breaks down what needs to be done, in a common-sense way. Countries thinking they can solve their problems while skipping the most important step the PRC and other socialist countries took - eliminating the parasitic landlord class and nationalizing industry and finance, are deluded.
Paul Cockshott - Obstacles to the China path in Latin America.
Land that they don’t actually own, right? The government owns it and leases it?
Do you think socialists are out to collectivize your toothbrush?
No, the siezing of factories and large estates is not equivalent to siezing your sewing needles or your backyard garden. They seize these means of production because their previous ownership was about denying people access to the means of production, not because they don’t think individuals should have their own means of production.
The government represents the people of China, and land is owned collectively. That’s what communism is, collective ownership.
Sure. But that doesn’t mean the people living in a specific house own that house.
I’m not even criticizing China on this one. It seems like a good system. It’s just funny how the CCP seems to desperately need to be #1 on every list, even when it makes no sense like home ownership in a nation where nobody owns their home.
In practical terms, they own it in exact the same way a person owns a home in any western country.
“Home ownership” means owning your home. You can argue the semantics. But at the end of the day either you own your home or not. And in China you do not.
Then you don’t own it in a western country either because as soon as you stop paying your property tax then you lose your home. You’re just regurgitating nonsense without actually thinking about it.
You only “own” a house as long as you can rely on the police to enforce your claim. The concept is the same. It’s just in China they made a policy decision not to enforce landlords’ claims in order to reduce inequality.
never heard of eminent domain?
low effort try harder
I don’t want to turn this into a homeowners association / HOA gripe-fest, but we “own” our home, and I’m not allowed to put a bird-feeder on my balcony, according to HOA rules. This is in freedom-loving USA.
eh close enough
Chinese military bases in Chile AND Mexico AND Greenland
So which Chi is it?
789 man
One is Long Country, the other is Long March. Same difference, right?
Why is the flag of Chile used for China?
“It’s CH, right?”
They goofed.
this misses an important point i think.
in germany people live for a very long time in the same rented apartment. 20-30 years is common, as i understand it. homeownership is not seen as a “goal”. i think adding an axis for tenancy length would be useful.
Literally nobody I know is happy renting. They’ve all just accepted they can’t afford buying.
In Germany a lot of people can afford a mortgage, but they choose not to buy. It’s in part culture and fear of commitment, in part a need for high mobility within the country.
It is a goal as far as I can tell from my social environment. It’s just financially unachievable for most of them and me. Heck, my brother-in-law works at VW in a rather high up position and still says it’s not realistic to them. At least not without moving to a different state.
In Spain at least, a lot of ppl live in what looks like highrise apartment buildings, but many are actually condos owned out right. I’m surprised that’s not more of the case in France and Germany, just letting landlords gobble up real estate like the US.
What is the difference between a condo and a highrise ?
A highrise just means any tall building, with enough floors to make an elevator required.
Housing highrise buildings can either have apartments for rent, or condos sold outright (usually with some kind of a homeowners association that takes care of utilities, trash, etc that you have to pay recurring fees to).
In my country (the US), highrise condos exist but are much rarer than every other form of housing. In Spain I saw a lot of highrise condo buildings, some of the condos even had two floors. Imagine a mansion inside of a highrise building, pretty neat.
Spain is a lot like the big cities of India than. I have recently seen ads for duplex highrise apartments here as well, but prohibitively expensive for me.
There is a subsection of the population mostly made up of pensioniers that occupy flats with ~30-70 year old renting contracts that mean through a web of interdependent laws they pay reasonable accomodation for their dwellings, close to, sometimes under, maybe slightly over upkeep.
That is entirely a privilege of having moved into a state or workers coop-built appartement in the 60s or 70s at the latest though and is entirely irreproducable to anyone born after that fact. Homeownership in germany is not seen as a goal on account of people having given up on a pipedream they’ll never reach anyways for the most part. It’s basically not possible for large swathes of the population born in the 1980s and onwards.
Incidentally, germany is a hotbed of money laundering and storing for organized crime in the EU because the laws around buying and selling houses are set up in a way that makes it incredibly easy to basically nullify any search and discovery or building enforcement on them because as it stands it pits, if I transliterate to an americanized audience, Cletus the slack jawed Yokel from Nowhere, PA against Shadow Housing Dealings S.A.R.L. (registered to a cyprese postbox that currently resides at the deep end of the mariana trench). Nothing will ever be done about this because the same laws also benefits people like former health minister / organized crime head Jens Spahn when he is gifted a multimillion flat that not even convicted journalists can get info on
That is entirely a privilege of having moved into a state or workers coop-built appartement in the 60s or 70s at the latest though and is entirely irreproducable to anyone born after that fact.
It is very possible to create more coop and state housing
Might also have something to do with tenants having so many rights that they just don’t have many of the disadvantages they’d have in other countries.
Wonder what their criteria for adding a country was.
If it was just all the highest, Norway should be on there with 76.3%
https://www.ssb.no/bygg-bolig-og-eiendom/bolig-og-boforhold/statistikk/boforhold-registerbasert
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Oh Garretts, that’s Chile’s 🇨🇱 flag, not China’s 🇨🇳.
In Spain, the rate has decreased 4 points in 10 years:
Blue line: 30-44 years old. Green line: total.Actually extremely surprised it’s 66% in the US that sounds unreal. I know very few homeowners
Same, looking at my peers, none of them own the home, maybe 1/5 has a mortgage, and the rest either rent or live with parents.
because a lot of them are owned by boomers, unless the age distribution of people you know are equal, the home owner percentage will not reflect the same.
Also it makes sense that a country with majority homeowners will oppose to any policies that can fix housing problems.
wildly skewed towards old people
Was about to say, 66 sounds unreal but then again would explain how insane the politics are
86.6% looks too high for India.
Yeah, it’s probably misreporting and probably also, “well they have a tiny hut for all members of the family in this god forsaken village while being stuck in eternal poverty, but that’s enough to call it a house”
India is often dishonest with their data. Many politicians will lie to save face. But even if the numbers are “real”, it’s worth asking yourself what they are considering a home. Plenty of people live in scrap houses on land they don’t own, are they “homeowners” in this data. India has squatters rights, if they can’t be removed from someone else’s property they’ve lived in for decades are they “homeowners” in this data? If someone’s has a live in servant who has a separated house on their property, are they “homeowners”? My guess is that india is defining homeowners very loosely.
It’d be worth looking into their source there.
I think with “awas” yojnas more homeowners are there
I didn’t know China was using the same flag as Chile
Is it fair to call a 70 year lease from the government “ownership”?
Nobody “owns” land. Even under capitalism. If you think you do, stop paying the
renttax you pay the government in order to “own” that land and see what happens.Point is, even if you “own” a house, if the government decides they want to confiscate it, they have a whole army to do it. All ownership is always at the mercy of the government. (More accurately, ownership is at the mercy of whoever has the monopoly on violence, since they can only take ownership through it.)
“…if the government decides they want to confiscate it, they have a whole army to do it.”
This feels pretty random to include. Did I miss something? Has the army been kicking people out of homes lately?
The downvotes without comments to support the criticism speaks volumes.
I think people here have this dream picture of China or something but that country seems to get the shit end of both sticks when it comes to housing. Expensive housing driven by a capitalist development framework and no guarantees to support to investment into the real estate you buy. That’s why Chinese citizens with money actually invest in real estate outside of China.
Just curious - what happens after that 70 years is up? I get to keep my property in perpetuity and pass it down generations as long as I pay my taxes. Is there any such guarantee in China?
Other than the set duration, all ownership is at the government’s pleasure everywhere. Luckily, in a lot of places governments serve at the pleasure of voters.
Yeah China should definitely not be on this list.
Looking forward to the bot account’s mental gymnastics to tell me why I’m wrong
🤡
Right? I call BS that 90% of China’s 1.4+ billion people own their homes.
Home ownership is by family, not every single person.
Also just because something “feels” wrong in your gut (probably because it doesn’t satisfy your western-supremacist biases), doesn’t make it false. Claims should be backed up by data, not gut feelings.
Didn’t make a claim, just expressed my doubts of the data. Data gets parroted from one “source” to another without proper investigation into the original source of data. I don’t have all the time in the world like all those on here to dive into all the articles discussing it, I’m not an investigative journalist, but how’s this for confirming my doubts:
“However, the people of China can afford to buy these extremely expensive properties. In fact, 90% of families in the country own their home, giving China one of the highest home ownership rates in the world. What’s more is that 80% of these homes are owned outright, without mortgages or any other leans. On top of this, north of 20% of urban households own more than one home, according to Nomura.”
SourceDoes having money owed on a house mean that they own the home? No. 80% of families own their homes. The rest of the articles bring up data point after data point that makes the claim hard to believe and goes into explaining why the home ownership is so high.
I’m allowed to express opinions based on gut feelings without having to waste my lunch hour digging up sources to back it up, and no, it’s not based on any “western-supremacist biases”, just seeing how the numbers don’t seem to add up. It still feels high honestly with other data points brought up in that article, like how high the average house costs versus the wages in that area, but whatever, I’m out of time before I have to go back to work.
Japan weirdly high on that list, though Japanese real estate is within reach even for me
