• beaxingu@kbin.run
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    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
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      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”