Lee Duna@lemmy.nz to Damn, that's interesting!@lemmy.mlEnglish · 11 months agoTo circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.lemmy.nzimagemessage-square31fedilinkarrow-up1190arrow-down13file-text
arrow-up1187arrow-down1imageTo circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.lemmy.nzLee Duna@lemmy.nz to Damn, that's interesting!@lemmy.mlEnglish · 11 months agomessage-square31fedilinkfile-text
Context : https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown
minus-squareTonyTonyChopperlinkfedilinkarrow-up1·11 months agoso communism is when unbearable housing markets are government mandated instead. What a world to live in.
minus-squareLoamImprovement@beehaw.orglinkfedilinkarrow-up1·11 months agoWell, if we’re being honest, it’s capitalism with communism branding. Otherwise you wouldn’t be able to buy and sell the house in the first place.
minus-squareargv_minus_one@beehaw.orglinkfedilinkarrow-up1·11 months agoHow so? This looks like unscrupulous businesses finding loopholes in the regulations and the government being slow to close them. Same thing happens in the west.
so communism is when unbearable housing markets are government mandated instead. What a world to live in.
Well, if we’re being honest, it’s capitalism with communism branding. Otherwise you wouldn’t be able to buy and sell the house in the first place.
How so? This looks like unscrupulous businesses finding loopholes in the regulations and the government being slow to close them. Same thing happens in the west.