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Houses are for living, not for speculation (en.wikipedia.org)

submitted 4 weeks ago by eah@programming.dev to c/wikipedia@lemmy.world

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[–] ayyy@sh.itjust.works 23 points 4 weeks ago* (last edited 4 weeks ago)

The current Chinese housing crisis was not caused by building homes for people to live in, it was caused by developers selling homes that didn’t exist with the empty promise that the would totally, definitely be built. Then the homes were never built for humans to actually live in.