Cultural Norms: Owning a home is deeply ingrained in Chinese culture. Families prioritize stability and view property as a symbol of success and security.
wow, how unique to Chinese culture that they value checks notes shelter
China did a big genocide on the toothbrushes and now the people have cavities and can't smile, smiling is illegal and a small drone will shoot you while broadcasted on the big brother tv.
A Canukistani was whining about secret seeseepee police statins in Klanada and I'm just looking at them like "you're going to have to go live in a cave in Manitoba if residential prices go up any higher, why don't you want China to take over?
not really doubting the claim cause there are sources that put it at around 90% from a few years ago, but this is a shitty member-walled article that doesn't seem to cite any sources.
That's fair, the report only looks to be mentioned in one of the linked videos. I did a bit of digging, and found a better article from Bloomberg https://archive.ph/KzOb6