• carl_marks[use name]@lemmy.ml
    link
    fedilink
    arrow-up
    0
    ·
    5 months ago

    they use the Chinese numbers in official declarations because you know its official. that’s why there are these round about ways to try and find out what the real numbers

    that cognitive dissonance lol

    you seem to forget that everyday people used property as investment and now there investment is worthless

    don’t buy property as investment? The sinking of prices is an intended effect. Also the gvmnt forces evergrande to finish building homes tho…

    its a dictatorship thing. making your economy look better then what it actually is.

    I agree that the US is trying to make the economy look better than it actually is

    • beaxingu@kbin.run
      link
      fedilink
      arrow-up
      0
      ·
      5 months ago

      and you where saying i was coping.

      property became a replacement for the stock-marked because the Chinese stock market is very volatile and the property market was only going up that’s why some people had like 3 apartments because they could sell it again at a better price. property became a short term investment and was used like stocks that could never go down.

      okay dude if you think dictatorships are better at transparency that’s not my problem.

      • carl_marks[use name]@lemmy.ml
        link
        fedilink
        arrow-up
        0
        ·
        5 months ago

        Yes your cope is just so good. Here you have a good Bloomberg article on the validity of numbers: https://archive.md/lxpMa you might learn a thing of two.

        property became a replacement for the stock-marked because the Chinese stock market is very volatile and the property market was only going up that’s why some people had like 3 apartments because they could sell it again at a better price. property became a short term investment and was used like stocks that could never go down.

        Yes? I’m not saying this did not happen? I’m saying that because the property market bubbled and the CPC didn’t want it to get too bad they let it burst early and introduced the “three red lines”. Now property prices are affordable again…

        okay dude if you think dictatorships are better at transparency that’s not my problem.

        Implying that we have the same understanding of “dictatorships”