153
“Under communism you can't own a home” (lemmygrad.ml)
submitted 3 years ago* by to c/memes@hexbear.net
28 comments fedilink hide all child comments
 

all 30 comments

sorted by: hot top controversial new old
[+] 59 points 3 years ago* (last edited 1 year ago) (5 children)
[deleted]
  • permalink
  • fedilink
  • source
  • hideshow 5 child comments
    •
  • [–] 31 points 3 years ago* (last edited 3 years ago) (3 children)

    I found funny when rental announcements in my area said "pets allowed", like is an added benefit. Mf, is the fucking law.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 28 points 3 years ago (1 child)

    Capitalists do love fighting for years against the simplest rights that would allow you a modicum of privacy and dignity, then pretending those legal rights are actually generous gifts they're bestowing on you out of the goodness o their twisted ashen hearts.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
    • [–] 41 points 3 years ago (14 children)

    ~70% of China's millennials own their own home while ~50% of US millennials still live with their parents.

  • permalink
  • fedilink
  • source
  • hideshow 14 child comments
    •
  • [–] 27 points 3 years ago

    China at 70% millennial home ownership: "This property bubble is out of control, we need to deflate it. Housing is for living in, not speculation."

    US at 35 to 50% millennial home ownership: "Hahahaha free market go brrrrrrrr. Bootstrap yourself you lazy millennial!"

  • permalink
  • fedilink
  • source
  • parent
  • [–] 1 point 3 years ago (10 children)

    China's not communist and their living situation is terrible.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 10 child comments
    •
  • [–] 52 points 3 years ago (5 children)

    While yes they live longer than Americans and own their own homes and live in gigantic modern cities with well planned public transportation networks built in living memory on top of premodern villages where their illiterate grandparents used to live and they all get healthcare without risking dying in a tent city as a result of getting sick, etc.

    Have you considered that they don't get to be on Facebook? Checkmate putlerbots.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 5 child comments
    •
  • [–] 10 points 3 years ago (3 children)

    Unfortunately I don't think they get free healthcare

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 3 child comments
    •
  • [–] 13 points 3 years ago (2 children)

    They do, as much as any country that hasn't abolished private insurance. It's not ideal, but what is.

    The Chinese government has also established a healthcare insurance system that covers almost 96% of the population and benefits more than 1.36 billion people. This system includes basic medical insurance conducted by the government and commercial health insurance provided by various companies. Basic medical insurance is a great-covered social security course and collects the funds from enterprises and individuals. It consists of different insurances for working urban residents, non-working urban residents, and the rural population. Working urban residents pay the most insurance funds and have the highest reimbursement ratio, followed by non-working residents and the rural population [4]. As for the poor and vulnerable individuals, there is a special fund called urban-rural medical aid for serious illnesses, which covers those suffering from economic difficulties. As for the rich, they can also choose to purchase commercial health insurance individually to receive better medical service. As a result, more than 95% of China’s population is covered by the public insurance system.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 2 child comments
    •
    • [–] 22 points 3 years ago

    I dont own a home now.

  • permalink
  • fedilink
  • source
    •
    [–] 16 points 3 years ago (4 children)

    How is this actually done in communist countries? Is it all housing co-ops?

  • permalink
  • fedilink
  • source
  • hideshow 4 child comments
    •
  • [–] 15 points 3 years ago (1 child)

    I don't know. The more I read about countries like China and Cuba, the more I realize I really have no idea what's going on or how things work over there. And it's not like it is easy to find unbiased information.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
  • [–] 5 points 3 years ago* (1 child)

    In China they have rules that aggressively favor owner-occupiers.

    Eg if you want to buy a second property you need to pay 60% cash up front and can only borrow 40%, and for a third or subsequent property you can’t get a mortgage and need to pay cash.

    This means being a speculator in existing housing stock isn’t attractive since it locks up so much capital - and so speculators have instead invested in new builds which is why there has been a bubble in construction, but at least it means for the existing housing stock is largely an owner-occupier market.

    There are also special funds specifically for saving for a house, kind of similar to a 401k, that you can put your money into as a savings account and your employer has to match your contributions.

  • permalink
  • fedilink
  • source
  • parent
  • hideshow 1 child comment
    •
    • [+] 11 points 3 years ago* (last edited 1 month ago) (1 child)
    [deleted]
  • permalink
  • fedilink
  • source
  • hideshow 1 child comment
    •
    • [–] 6 points 3 years ago*

    that's not real communism then duh

    communism is when hungry and no iphone. That's just state capitalism

  • permalink
  • fedilink
  • source
    •