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

submitted 2 days ago by cm0002@mander.xyz to c/wikipedia@sh.itjust.works

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[Xi] repeated the slogan during the opening speech of the 19th National Congress of the Chinese Communist Party in October 2017. He continued by saying "China will accelerate establishing a system with supply from multiple parties, affordability from different channels, and make rental housing as important as home purchasing".

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[–] hirihit640@sh.itjust.works 16 points 2 days ago (8 children)

Isn't China famous for ghost cities, which are products of housing speculation?

[–] snoons@piefed.ca 2 points 2 days ago

AFAICT it's what prompted this speech.

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