Comment on As China's economy slows, some young people are snapping up cheap apartments to 'retire' early
outofthisworld@lemmy.org 2 days agoWell, it’s important to make the satellite photos look like a booming economy while funneling the money to capitalist billionaires wearing communist hats.
But I agree… with cheaper housing. One large problem about western capitalism is supply and demand. Housing should not be a commodity that gets choked to increase profit. Efficient building, even with single family homes, can make houses cost next to nothing. Frankly, I would like to see non-profit builders or even state sponsored builders that sell “at cost” with publicly available paper trails. Of course…… resell for profit needs to also be prohibited.