92
Rising Prices Are Bad, but Plummeting Prices Are Worse: Americans may envy China’s deflation. They shouldn’t (CW: The Atlantic) (archive.ph)
submitted 9 months ago by to c/chapotraphouse@hexbear.net
55 comments fedilink hide all child comments
 

Living in China is getting cheaper. Because rents in my neighborhood in central Beijing are dropping, my wife and I pressed our landlord to reduce ours by $140 a month in a new lease that we signed last month. He wasn’t too happy about it, but he’s lucky that we didn’t move out. Given the desperation of local landlords, we probably could’ve saved another $500 a month had we switched to a comparable apartment nearby.

BUT AT WHAT COST?

you are viewing a single comment's thread
view the rest of the comments
[–] 1 point 9 months ago* (1 child)

i'm actually non-binary, and i prefer gender-neutral and feminine terms. i'm being serious. that said, if the landowners CAN'T allow the redistribution willingly, then we'll have to use force.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •