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submitted 5 days ago by yogthos@lemmygrad.ml to c/china@lemmygrad.ml
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[-] yogthos@lemmygrad.ml 17 points 5 days ago* (last edited 5 days ago)

I still remember how westoids were frothing at the mouth how China was gonna have a 2008 moment when they started winding down the whole real estate market. These people just couldn't imagine the government simply taking over the housing projects and distributing them to people while investors ate the costs if their failed ventures.

this post was submitted on 12 Mar 2026
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