Comment on Why China Can’t Sort Out Its Property Market Mess

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davel@lemmy.ml ⁨1⁩ ⁨week⁩ ago

But be aware that the government can revoke this right at any time for no reason as the government still owns the land.

In every state in the world, in the final analysis the state owns the land. If you want to find out the hard way, just stop paying your property taxes. Eminent domain in China is similar to the US and many other states:

In China, “requisitions”, the Chinese form of eminent domain, are constitutionally permitted as necessary for the public interest, and if compensation is provided. The 2019 Amendment of the Land Administration Law of China spells out rather detailed guidelines, guaranteeing farmers and those displaced greater financial security. Property rights are in fact stronger in China than in many places: duckduckgo.com/?q="china"+home-owner+refuses+to+s…

Your sole mission on Lemmy is to spam it with anti-China & anti-Russia news articles though, so there’s no reason to believe that you’ll re-evaluate & update your understanding. You’ll recycle the same bullshit the next time around.

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