Why is the flag of Chile used for China?
They goofed.
“It’s CH, right?”
Oh Garretts, that’s Chile’s 🇨🇱 flag, not China’s 🇨🇳.
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
China is in south America?
86.6% looks too high for India.
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.
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”
It’d be worth looking into their source there.
I think with “awas” yojnas more homeowners are there
In Spain, the rate has decreased 4 points in 10 years:
Blue line: 30-44 years old. Green line: total.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.)
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?
“…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.
Not a very useful measure if a country has cheap and reliable publicly owned rental apartments. I would prefer rental because it’s easier to leave.
