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The Central Bank of China will use $42 billion to buy back unsold new buildings, which will then be converted into affordable housing. (www.caixinglobal.com)
submitted 2 years ago by to c/china@lemmygrad.ml
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[–] 27 points 2 years ago (1 child)

If they're buying these from capitalists then I hope they pay less for then than was paid originally so as to transfer some of that wealth to the deserving proletariat...

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