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The strength of a nation derives from the integrity of the home. Confucius, Analects.

San Franciscans unable to afford the $3,600 monthly rental for a one bedroom apartment sleep in the streets and, like most world cities Beijing recently faced a similar problem. Twenty-three million prosperous Beijingers wanted meals from local restaurants but the quarter-million migrant workers who delivered them could not afford the city’s eye-watering rents. Resourcefully, they found neighborhoods condemned for renewal, hooked up illegal wiring to leaky buildings and moved in until the inevitable fires drove them as TV cameras recorded their misery. The city built one-hundred thousand low-rent apartments in twelve months, the problem vanished, yet Beijingers barely noticed. China has been building homes for a million people–the entire housing stock of San Francisco, every month since 1950.

 

China’s landlords, the world’s oldest social class, maintained their grip on the country’s land for three thousand years until, in 1949, Mao placed it in public trust, divided[1]In Fanshen, William Hinton tells how this was accomplished in a single village. it, and began a series of experiments that continue to this day. In 1960 he combined individual plots into communal farms for the Great Leap Forward. In 1978, Deng redivided them into family plots that proved inefficient, but attempts to recombine them into larger, more efficient farms failed until 2012. Then a Trial Spot in Sihong County created land management rights that farmers could rent or pledge as collateral, so long as their land remained agricultural. Beijing promoted Sihong’s solution nationwide and, today, millions of rural people are unlocking twenty-two trillion dollars of previously inaccessible wealth. One farmer, Sun Zeshun[2]China’s Reforms Allow Villagers to Rent Out Land and Boost Incomes. Bloomberg, leased his plot to an agribusiness corporation, became a roofing contractor in a nearby town, and used his new income to build a house and buy an SUV, “Life is much better now. I have more freedom and my income is less affected by weather.”

Urban experiments began in 1953 when, to maintain food production and prevent slum formation, the government issued urban hukou, residency permits, to rural people only if they attended university, joined the Army, or worked in state-owned enterprises. The UN’s Alain Bertaud[3]Endless cities: will China’s new urbanisation just mean more sprawl? Helen Roxburgh. The Guardian. Bertaud, formerly the World Bank’s urbanization advisor, now advises Beijing. says, “Urbanization didn’t happen because the government wanted the country to urbanize–they actually kept the hukou in order to slow it down. But the economy asked for it and people voted with their feet. The government has to cope with urbanization rather than it being a deliberate policy decision. In a way, they are paying the price of this rapid urbanization now.” Every year since then, as housing becomes available, ten million people converted their rural hukou into urban permits and soon only Tibet will retain hukou–so people won’t move to the country and overgraze fragile ecosystems.

In 1960, city governments began building hundreds of millions of homes to accommodate the biggest baby boom in history, and, though individual floor space was only forty square feet, they charged tenants nominal rent. Planners trying to build a more productive economy saw housing as a nonproductive expense, but public attachment to its low cost accommodation made reform difficult. Then, in 1981, a Housing Privatization Trial Spot encouraged renters to buy the homes they lived in–for half their market value and the experiment’s success reverberated in every city in China. Within seven years, tenants purchased two-thirds of all urban housing–worth one-third of China’s GDP–and unleashed the biggest real estate boom in world history.

Planners had capital to invest, the economy boomed, and housing became a pillar of the country’s welfare system. When markets overheated, city governments simply released more land for development to keep housing supply aligned to local wage rises. When oversized apartments created problems, a Trial Spot halved their value by applying a progressive sales tax to floorspace, forcing speculators to release thousands of units onto the market. Yet local price bubbles regularly caused social unrest because, though eighty percent of buyers paid cash, twenty percent or would-be owners–rural folk moving to cities, cash-strapped first-time buyers, students, and migrant workers–found city prices out of reach. Another Trial Spot, in 2007, allowed them to pay half the deposit while the government paid the other half and guaranteed to buy or sell its interest on demand. Yet another Trial Spot gave land, permits, utilities, and loan guarantees to developers to build rent-only dwellings–on condition that rentals remained below fifteen percent of local wages. The canny developers pre-sold entire projects to insurance companies and retirement funds for their secure, long term cashflows. The work of urbanization will continue through 2049, when half the current rural population will be living in new cities.

Two million people living in regions prone to natural disasters, severe desertification, soil erosion or water depletion need special assistance. Planners are spending thirty-billion dollars (of which each villager contributes five hundred) building cities for them and will complete their relocation in 2021. The publicly owned banks financing the project will recoup their investment over thirty years from increased tax revenues because, in addition to normal wage growth, each year of city life adds two percent to residents’ income. Meanwhile, planners are spending five billion restoring and reforesting the vacated land.

Some local governments are blurring the urban-rural divide. In 2018 Beijing Province began providing its fourteen million urban and seven million rural residents with the same world class education, healthcare, employment, social welfare and housing. The positive public response encouraged the city fathers to extend the largesse to the rural poverty belt in adjacent Hebei Province.

Rural folk are naturally reluctant to leave their ancestral villages and grave sites until their new towns have utilities, public transport, schools, jobs and shops, and their hesitation leads to tales of ‘ghost cities,’ says Wade Shepherd[4]Ghost Cities of China: The Story of Cities without People in the World’s Most Populated Country. by Wade Shepard. Asian Arguments. May 15, 2015. “I’ve been chasing reports of deserted towns and have yet to find one. Over and over, I would read articles in the international press claiming that China is building towns that are never inhabited–only to find something very different upon arrival. Ordos, the most famous ‘ghost city,’ took ten years to populate but now has a thriving downtown and rising home prices. Xiangluowan, Lanzhou, Zhengzhou, Zhujiang, and Zhengdong, former ‘ghost cities,’ now host the biggest urban migration in history. Newer cities–backwaters a decade ago–are complete and awaiting occupants while others, like Xinyang New District, are finishing construction.”

Today, most urbanites and almost all country folk own their homes and fifteen percent own a second property. By 2020 housing will account for sixty percent of personal assets (twice the US level) and individual living space will be 450 square feet (half the US average). Housing quality already exceeds Japan’s.

The absence of property taxes makes carrying costs negligible and speculative pressures remain strong so the government barred rich people from buying extra homes and warned speculators to blame themselves if policy changes cause losses. As the Prime Minister said, “Houses are built to be lived in, not traded.” A homeowner in remote Kunming told me of his attempts to buy a second property after the policy went into effect:

Over the last few days I must have gone to nine banks and none of them will let me mortgage my property for a loan to buy another $300,000 apartment that is coming on the market in my neighborhood. The bank managers all told me that the government imposed tough restrictions on loans since last year so, if I really want to borrow the money, I will have to pay shadow bankers thousands in extra interest. Also, I cannot buy normal houses in my market because I already own one so, according to their policy, I cannot buy or sell my current one inside three years. When I bought my current apartment last year I could not buy in locations Kunming had zoned for college graduates who want to settle here. So our local real estate bubble isn’t going to burst anytime soon, as far as I can see.

As a first time home buyer, he was required to make a thirty percent deposit, so he put down $100,000–$37,300 from savings and $63,700 from his father, sister and friends (for a second home, the deposit jumps to sixty percent and third homes must be purchased for cash). He’s willing to invest in housing because, along with everyone else, his wages have grown twelve percent annually for the past decade and annual per-capita disposable income has jumped from $1,800 to $8,000.

An airline stewardess friend owns a shabby, $300,000, fifteen year-old[5]Chinese housing has a designed life of thirty years, one-thousand sq. ft. apartment in outer Shenzen, across the bay from Hong Kong. Her fiancé’s similar flat inside Shanghai’s Inner Ring Road, she says, cost one million dollars while, in her inland home town, it would be one-hundred fifty-thousand. Like most employees, she contributed to her employer’s Housing Provident Fund which matched her contribution when she signed the sales agreement. Since her salary is over twice the payments, loan approval was automatic.

With seven of the ten most expensive cities on earth for residential property, Chinese prices are disproportionate to local incomes. The minimum wage in coastal Xiamen, for example, is $300 and the average wage is $2,000, yet ninety percent of families own apartments, of which eighty percent are mortgage- and lien-free. Their secret is collective action. Chinese evaluate potential spouses more realistically than we do: a good-paying job and a home are essential for familial approval, so multigenerational clans and even school friends pitch in and, since parents often move into their children’s homes in old age, they often contribute a large portion of their savings. Low-income parents take second jobs to help with the deposit, canvass their social networks, and borrow the balance. Since owners spend one-third to one-half of their incomes on mortgage repayments, only eighteen percent of households nationally have mortgages[6]The corresponding figure is fifty percent in the USA. and loan default rates are barely one-third US levels.

Access to housing in big cities is becoming difficult and, partly because cities have low population densities[7]London’s population density is twice Beijing’s., and Tier One cities are capping their populations. Non-residents moving to Shanghai must buy for cash and pay city taxes and social insurance for five years before applying for a Shanghai houkou. Tier Two cities are deleveraging and Tier Three and Tier Four cities are optimizing their population density, infrastructure and efficiency.

This urban growth has lifted demand–and competition–for skilled workers. The balmy island province of Hainan (pop. nine-million), is developing medical tourism and advertised, “Talented people coming to Hainan won’t have to worry about affording a home.” Medical professionals receive eighty percent of their home’s equity after five years and clear title after eight. Inland Chengdu (pop. fifteen-million), lures researchers and entrepreneurs with subsidized rents and home finance, cash incentives, prioritized service at banks and hospitals, discounts on subways, free bicycles, and free entry to museums, events, and the local panda research center. Nanjing, plagued by labor shortages, lowered home deposits to five percent and was rushed by cash-strapped couples.

Since the effective size of a labor market is defined by the average number of jobs accessible in a sixty minute commute, well-designed infrastructure is vital to the current phase of urbanization. Cities generate ninety percent of the world’s economic growth, so Chinese planners studied prosperous megacities like Seoul and Tokyo and concluded that there is no need to limit their size if they are well planned. Now they are creating nineteen supercity clusters, the five biggest of which average 110 million people, which they expect to generate ninety percent of the national economy by 2030.

The first step is to strengthen the links between cities along two horizontal and three vertical corridors to create mega-regions, of which Beijing has prioritized three to drive national economic development by 2020: the Pearl River Delta, the Yangtze River Delta, and Beijing-Tianjin-Hebei and planners expect two medium-sized clusters, Yangtze Mid-River and Chengdu-Chongqing, to eventually join them.

Though each is ambitious in its own right, the government plans to turbocharge them by linking the clusters along two horizontal and three vertical corridors, the five biggest of which will average 110 million people, three times the size of Tokyo. The two horizontals are the Land Bridge Corridor in the North and the Yangtze River Corridor; the three verticals are the Coastal Corridor, the Harbin-Beijing-Guangzhou Railway Corridor, and the Baotou-Kunming Railway Corridor.

By linking the Yangtze River Corridor’s existing airports, railways, highways and waterways horizontally they will anchor the ‘land’ end of the Belt and Road Initiative, while the Coastal Corridor anchor the maritime road. Clustering will reallocate resources from bigger cities to smaller ones which tend to be at earlier stages of industrialization, and help them move up the value chain and away from heavy polluting industries. New free trade zones (FTZs) will help bigger clusters attract innovation-based investments and focus on the Made in China 2025 industrial strategy. Alain Bertaud says, “When I saw the original plan for Shenzhen, a fishing village that became one of China’s richest cities, I told them, ‘You’re being too ambitious.’ But I underestimated China’s enormous ability to get these things done.”

The mayor of remote Chongqing[8]The China Wave: Rise of a Civilizational State by Weiwei Zhang, whose thirty million people are clustering with Chengdu’s eight million says, “We became part of the high-speed rail network in 2017. Today we’re seeing China’s old pattern of provincial production based on self-contained industries being replaced by a more rational division of labor and production across the nation in a unified, efficient domestic market. Our objective was to become the economic center and major growth pole of Western China by 2020 and for our large urban and rural areas and to balance our urban-rural development. Today, fifty-one percent of us live in urban areas and forty-nine percent in rural areas. Once our urban population reaches seventy percent we will have three urban layers: one large metropolis, thirty medium cities and a hundred small cities. We’re creating a livable, green, drivable, safe, healthy Chongqing.”

Of all the urban projects, Beijing’s Xiong’an New District, sixty miles to its south, is probably the most ambitious. The forty square mile development, which physically connects the world’s richest city to its poor hinterland, will re-house industries incompatible with the needs of a world capital. Its twenty-five-acre city hall opened last year and seven hundred miles of new track put Beijing thirty minutes away and keep all commutes in the region under sixty minutes.

More commuter lines connect the district’s city centers, universities, factories, hospitals, offices, institutions and government departments and, to optimize space, much transport, water and electricity infrastructure is underground. Four high-speed train lines will run through the region and connect its three new airports: Beijing Daxing, Tianjin, and Shijiazhuang. Since airlines must choose between Beijing’s existing airport and Beijing Daxing, planners doubled the speed of the trains running to the more distant airport to make them equi-temporal.

Xiong’an’s infrastructure runs on 5G Internet of Things, artificial intelligence, big data cloud computing, smart sensors, smart lighting and integrated facial recognition–all to reduce energy, time and manpower investment, improve energy efficiency and reduce management overhead. Local media claim it will have neither traffic lights nor traffic jams because Alibaba’s CityBrain AI platform provides its traffic management and Baidu and China Mobile are running remote controlled self-driving vehicles.

Who will pay for this whizzbang technology? Alain Bertaud says the new clusters will give Xiong’an a productivity edge over competing cities, just as the Industrial Revolution gave England a productivity advantage over the world in its day. Like China’s high speed rail network, it will pay for itself.

Notes

[1] In Fanshen, William Hinton tells how this was accomplished in a single village.

[2] China’s Reforms Allow Villagers to Rent Out Land and Boost Incomes. Bloomberg

[3] Endless cities: will China’s new urbanisation just mean more sprawl? Helen Roxburgh. The Guardian. Bertaud, formerly the World Bank’s urbanization advisor, now advises Beijing.

[4] Ghost Cities of China: The Story of Cities without People in the World’s Most Populated Country. by Wade Shepard. Asian Arguments. May 15, 2015

[5] Chinese housing has a designed life of thirty years

[6] The corresponding figure is fifty percent in the USA.

[7] London’s population density is twice Beijing’s.

[8] The China Wave: Rise of a Civilizational State by Weiwei Zhang

 
• Category: Economics, Foreign Policy • Tags: China, Housing, Urbanization 
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  1. Svevlad says:

    Ack when will we see such developments here in Europe

  2. You see cities.

    I see petri dishes.

    I do not deny that China’s methods are necessary to try to maintain their dense population. I expect that the US elites will try to take us in that direction. The current ructions in Hong Kong are indicative of the kind of trouble US elites will have while driving this herd in that direction.

    A major tool for keeping a lid on the population has been the “prosperity” bought on expanding credit and an export based boom. That has never worked, long term, for any civilization.

    I question that the Chinese, or anyone, can keep the lid on that situation forever.

    “Don’t speak too soon, for the wheel’s still in spin…”

  3. Realist says:

    A San Francisco Every Month

    Hopefully not with all the deviance.

    • Replies: @SaneClownPosse
    , @FvS
  4. This article is a wonderful example of why “socialism doesn’t work”. Imagine the folly of improving peoples lives being the driving force of a government.

    Like Germany in the 1930s, the BRICS and ALBA-TCP the economic models are a threat to the international banking cartel. Therefore, they must be destroyed.

    • Replies: @obwandiyag
    , @Showmethereal
  5. I see that IoT and ML are involved, but you cannot begin to conceive such a revolutionary project without CRISPR and blockchain. It sounds like you are describing VR.

    • Replies: @PetrOldSack
  6. This article certainly was informative. It seems thinly sourced, however — even the endnotes mostly fail to cite sources, and when they do, they’re weak: even Shepard has written things on this more recently than 2015. I would also have liked to see something on the author’s credentials, to know whether perhaps his own knowledge or experience have something to do with the subject.

    • Replies: @Godfree Roberts
  7. Anonymous[388] • Disclaimer says:

    From the people who brought you color revolutions and unrest and regime change in Ukraine, Syria, Libya, et al.:

    https://shuzheng.wordpress.com/

    • Replies: @Joe Wong
  8. @Realist

    I was thinking of a month’s amount of human feces on the streets.

    • Replies: @obwandiyag
    , @Realist
    , @Joe Wong
  9. @Curmudgeon

    Hey, what are you doing on here with your common sense and plain talk?

  10. @SaneClownPosse

    Which you don’t have in China because China is socialist. Get un-confused.

  11. Daemon says:
    @another fred

    The chinese arent so foolish to expect a single strategy to serve them well forever. The short-medium term goal has always been grow as quickly as possible until they reach a critical mass, at which point internal consumption takes over and they become self-sustaining. Very much like how a large gas giant becomes a small star by absorbing mass, in their case it is capital and an educated workforce. Expect the current export driven model to last no more than another 15-20 years, tops.

  12. Realist says:
    @SaneClownPosse

    I was thinking of a month’s amount of human feces on the streets.

    Indeed, not a pretty picture.

  13. @another fred

    Gradually through the Mao period, China’s leaders began to realize that there is nothing worse for modernization of productivity, industry and the environment than a billion hard-scrabble peasants on the edge of starvation implicitly competing to bring >2.1 offspring to adulthood.

    Urbanization is a ‘painless’ (in terms of blood, not effort and upheaval) way to divert them: people feel more satisfied as they experience more material success and, like cityfolk since the first towns of artisans came into existence, almost magically become content with <2.1.

    • Replies: @Godfree Roberts
  14. The homeownership rate in China is 0%. The state owns all land. All Chinese “homeowners” own is land-use rights.

  15. The homeownership rate in China is 0%. The state owns all land. All Chinese “homeowners” own is land-use rights.

    I don’t know the situation in other countries. But in the U.S., you do not have absolute ownership either. Stop paying your property tax, see what happens.

    • Agree: RadicalCenter
  16. @last straw

    I don’t know the situation in other countries. But in the U.S., you do not have absolute ownership either. Stop paying your property tax, see what happens.

    Property taxes in the U.S. are levied by consent of the governed, a concept China is still struggling with. There are some places in the US with no property tax.

  17. Yee says:

    Faraday’s Bobcat,

    “The homeownership rate in China is 0%. The state owns all land. All Chinese “homeowners” own is land-use rights.”

    Fee simple and land lease estates both exist in the US. Actually, most city properties in the world are land lease properties. In places like Singapore, HongKong, Tokyo etc., very few fee simple properties.

    Also, not all land is owned by state in China. Rural land is owned by villagers collectively, not state-owned.

  18. @obwandiyag

    I was thinking of a month’s amount of human feces on the streets.

    Which you don’t have in China because China is socialist. Get un-confused.

    Under socialism, the state owns the means of production. I.e., you.

    And clearly someone has never heard of “night soil”.

    [MORE]

  19. @Ray Woodcock

    What sources are missing that cannot be readily Googled?

  20. @Daemon

    Zacly!

    Western critics always take whatever stage China is going through and attack it as though it were permanent.

    I suspect that Western governments’ principal role is to keep things (i.e., wealth distribution) unchanged, at all costs.

    • Agree: Rabbitnexus
    • Replies: @Disordered Always
  21. @Faraday's Bobcat

    Property taxes in the U.S. are levied by consent of the governed, a concept China is still struggling with.

    This is the 21st century. China is by far the largest economy in the world in PPP terms, at least 25% bigger than America’s. Why would China has any problem with taxation, one of the most basic economic policies?

    There are some places in the US with no property tax.

    As a believer of some of the ideas of Henry George, I think all private land should be taxed.

  22. Jack ⧝ says:

    I’ve been critical of some of the author’s past articles, so I’m happy to say here that I find nothing to quarrel with. What I have seen in China is ordinary middle class people owning or preparing to own their own homes, and working class people working and saving to do the same, starting and running businesses with little to no government interference. (Muh free market!) And the government actually seems to care and to help where and when it can. It’s remarkable compared to America. In the countryside, poor families own their own homes. Every year, their infrastructure gets a little better – new public facilities, new train lines, something. Not like cities and towns falling apart in the U.S.

    Two points:

    You mention that “Chinese evaluate potential spouses more realistically than we do: a good-paying job and a home are essential for familial approval, so multigenerational clans and even school friends pitch in and, since parents often move into their children’s homes in old age, they often contribute a large portion of their savings.”

    This is true, and I would like to see more cultural factors like this in your articles about China, because it would provide more balance. There are some admirable things about contemporary Chinese culture and some things that are certainly not admirable. For example, the downside of the above is a lot of loveless marriages and a culture in which adultery is endemic. And for modern urban Chinese who are losing traditional values, divorce is increasingly common. President Xi actually commented on this, noting that families are the foundation of society. Would that an American president would say something like that and show that he means it with policy.

    You mention that “millions of rural people are unlocking twenty-two trillion dollars of previously inaccessible wealth.” Yes, and one of the results has been the creation of an entire class of nouveaux riche, which puts on display some of the negative traits of the Chinese character because they are the equivalent of ghetto lottery winners. The Chinese call them tuhao, an old word for land barons which now means “nouveaux riche.”

    • Agree: Godfree Roberts
    • Replies: @Herald
  23. @Faraday's Bobcat

    Not like the US then where you rent from the State (or county)

  24. New Zealand has a huge housing problem. The Labour Government has a multi thousand new housing project under way, but has great difficulties realising it. People are still sleeping in the streets and there is much poverty especially among the Maori population. Yet New Zealand nevertheless is regarded as one of the richest countries in the western world The Labour Party is a pseudo socialist party. There are no “socialist” parties in the western “free?” world.

  25. d dan says:
    @Faraday's Bobcat

    “Property taxes in the U.S. are levied by consent of the governed…”

    LOL, I never remember I consent to pay my property tax.

    I guess your retort will be the usual “democracy” crap. If that is the case, were US invasion of Iraq, Syria,….also by consent of the governed.

    Can’t get more silly than that.

    • Agree: MAOWASAYALI
  26. Jason Liu says:
    @Faraday's Bobcat

    Yes, but for all intents and purposes “leasing” land from the state works pretty much the same as ownership.

  27. Alden says:
    @Faraday's Bobcat

    What places in the USA have no property tax? It’s a county tax.

  28. Biff says:
    @Faraday's Bobcat

    Property taxes in the U.S. are levied by consent of the governed,

    What we have here is an idealist that joins the chorus of language gymnastics to sound legitimate in the art of larceny and power grabs.

    Get to the point man – the U.S. government takes what wants, when it wants, and because of Empire there is no return – everything goes in, and nothing comes out.

    • Replies: @Poco
  29. But if you know the secret of make-believe
    Godfree never really has to leave.
    He’s wherever little kids may be,
    Though he’s in a strait jacket technically.
    But as long as rodents roam across the land,
    As long as children have a mucous gland,
    As long as body fluids gurgle and flow,
    Anyone can do a magic show!

    (What’s his name?)
    Godfree, the sickly unemployed amateur children’s magician,
    He’s got wonders up his sleeves!
    Godfree, the sickly unemployed amateur children’s magician,
    If you’ll only make believe!

  30. @another fred

    Very to the point. Population management and migration management is one level more direction of the base of human order. It is global, it is long-term, it should be part of what now is called theoretical economics.

    China brings nothing new to the table. Copy pasting Chinese ways will not solve the thriving cancer of an eight plus global population, only there to suit the distance elites intend to gain from manipulation. There are better ways, experimenting should go into other directions that sustain the long term(generational, environment, quality of life).

    • Replies: @another fred
  31. @Unfiorpecoaiemvine

    Please elaborate. Too little to make sense, except for this being a coded message, telling your mother too put the dinner soup onto the stove, that you just started your commute from the cubicle to the couch.

  32. @Daemon

    In that ultimate model, mothel, they better include population and population dynamics. China has no ready plans to throttle population in the future, hence sustainability is of nil concern to them.

    • Replies: @RadicalCenter
    , @Daemon
  33. onebornfree says: • Website

    More Bad News Out Of Beijing: China’s Credit Engine Breaks Down
    https://www.zerohedge.com/news/2019-08-12/more-bad-news-out-beijing-chinas-credit-engine-breaks-down

    Chinese State Media Announces 2.56M “Discredited Entities” Prevented From Purchasing Plane Tickets Under Social Credit System :
    https://www.activistpost.com/2019/08/chinese-state-media-announces-2-56m-discredited-entities-prevented-from-purchasing-plane-tickets-under-social-credit-system.html

    One Child Nation’ Exposes the Tragic Consequences of Chinese Population Control
    https://reason.com/video/one-child-nation-exposes-the-tragic-consequences-of-chinese-population-control/

    China’s sickening acts on female prisoners at ‘re-education’ camps:
    https://www.news.com.au/world/asia/chinas-sickening-acts-on-female-prisoners-at-reeducation-camps/news-story/34d531c19a5bb060881a76ac8b478609

    No regards, onebornfree

    • Replies: @mike k
    , @ken
  34. @Faraday's Bobcat

    Try not paying your land taxes and see how far your ‘ownership’ goes..

    • Replies: @Disordered Always
  35. onebornfree says: • Website

    Hong Kong’s Inevitable Showdown

    “It is impossible not to admire the bravery and commitment pro-democracy demonstrators display daily as they clog Hong Kong streets, shut down its airport, and disrupt the territory’s beating heart in Central, the commercial and financial district. But neither can one deny the tragic fate that appears near as Beijing stiffens its resolve and signals the threat of military intervention.

    The futility of all action, the necessity of any: Maybe those protestors building barricades and hurling Molotov cocktails at tear-gassing riot police are reading Camus in their off- hours.

    There is no question of Chinese President Xi Jinping compromising Beijing’s authority to mollify those now in their third month of protests across Hong Kong. He is too firm a believer in the primacy of the Chinese Communist Party to entertain any such risk…….”:

    https://www.zerohedge.com/news/2019-08-18/hong-kongs-inevitable-showdown

    “Regards” onebornfree

    • Replies: @Biff
    , @Anon2020
  36. GMC says:

    America doesn’t have anybody smart enough to solve the housing, school, ghetto, and job problems because there is too much job security, in keeping it that way. If the US was to solve the problems, we wouldn’t need Da POlice state, all those high dollar city workers that retire with 50-150,000 dollar yr. pensions, or all these phony urban development parasites. And throw the phony government Unions in that parasite club too. thanks U rev.

  37. anonymous[191] • Disclaimer says:

    I can’t imagine about what goes on in China but I can’t say anything good about the destruction of certain Canadian cities which at one time were really nice places. Chinese immigrants and speculators have turned Vancouver and Toronto into overpriced, boring, two-dimensional cities with some of the worst architecture on the planet. The whites have left these cities and with it have gone their vibrancy and soul, leaving sterility in their midst. Nobody ever smiles in these two cities, the few remaining whites are as two dimensional and unemotional as the Chinese that once they’ve finished their drone-like jobs and fight their way through horrible traffic commutes that can take three hours and go home to their homes that they can barely afford with their sky-high mortgages caused by Chinese speculation, they maybe have a couple of hours of Netflix before they go to bed and start the whole soulless day over again. Chinese don’t have the answer for anything except how to create places that whites don’t want to go to.

    • Replies: @nsa
    , @Ber
    , @MAOWASAYALI
  38. Lowdell says:
    @Faraday's Bobcat

    You don’t own your house either in the West. You merely own title to it; that is why it is called “Title Deeds”. The government can cancel the title and take it back if it so desires. The government effectively owns the land. In any case, don’t pay your property taxes and you will very soon find out whether you really own your home.

  39. Biff says:
    @onebornfree

    A guy constantly posting other people’s crap because his own words would probably make him look even dumber – if that’s possible.
    There’s one in every crowd.

  40. Agent76 says:

    Nov 6, 2018 Mao’s Great Famine great leap foward

    When Mao Zedong announced China’s second five-year plan, the Great Leap Forward, in 1958, it promised a Communist utopia based on collectivisation of agricultural property and production, and industrialisation where everyday citizens produced steel.

    Nov 12, 2018 The Dark Side of China’s Skyscraper Boom

    Skyscrapers are popping up all over China, and may be doing far more harm than good.

  41. Biff says:
    @Faraday's Bobcat

    And they can take the whole damn house with the flimsiest excuses.

    Mary and Leon Adams resided in their West Philadelphia house for forty-six years when the police told them to vacate and initiated a civil forfeiture proceeding against the property because their adult son sold $60 worth of marijuana on the porch.9×
    9. See id.
    Tina Bennis faced a similar fate when the Supreme Court upheld the civil forfeiture of the car she jointly owned with her husband after he secretly had sex with a prostitute inside the vehicle.10×
    10. See Bennis v. Michigan, 516 U.S. 442, 443–44 (1996).
    The police also use minor traffic stops to seize cash or cars without so much as issuing a ticket.11×
    11. See Stillman, supra note 1.
    Victor Ramos Guzman experienced this when he was pulled over for speeding and a state trooper seized $28,500; he was a church secretary en route to buy land for the church with the donated money and possessed no contraband.12×

    https://harvardlawreview.org/2018/06/how-crime-pays-the-unconstitutionality-of-modern-civil-asset-forfeiture-as-a-tool-of-criminal-law-enforcement/

    • Replies: @Herald
  42. @Daemon

    The chinese arent so foolish to expect a single strategy to serve them well forever.

    Whether it is export-led growth or consumption-led growth, the strategy is still growth.

    I am aware of the different “strategy” the Chinese intend to use to maintain growth, I just don’t think it will work for them any more than it will for the USA, Western Europe, or anyone else. Population would level out for the Chinese due to the “demographic transition” just as it has for the rest of the developed world and they would then find themselves overwhelmed with overcrowded cities that are once again population sinks – as they have been for almost all of history.

    I say “would” because I don’t think the world will remain stable long enough for them to get there.

  43. anon[414] • Disclaimer says:

    You know what’s funny; I’ve never wanted to live in China. My ancestors never wanted to live there either. I always liked the look of Mayberry, I liked the sheriff dressed so causally and his deputy never needed to load his weapon, but alas, we’re more like China than you let on.

  44. Wally says:
    @obwandiyag

    China also does not have lazy, dumb blacks, aka: Africans.

    • Replies: @lloyd
  45. @PetrOldSack

    There are better ways, experimenting should go into other directions that sustain the long term(generational, environment, quality of life).

    Species only become stable when they are well suited to their environment and they have the “good fortune” of their environment being stable. I doubt that humans are capable of the “sustainability” that most people desire.

    We seem to be fated to continue SEEKING more and better worlds as long as we do not destroy ourselves or the Borg does not arrive. I just think that (1.) one should not expect it to be a smooth, painless process and (2.) the signs are that we are approaching a major bump in the road as we transition to a new phase. The new phase of civilization is probably one where demographic expansion is not a major driving mechanism.

    The transition will probably involve a lot of dead people.

    • Replies: @Herald
    , @PetrOldSack
  46. America opened up its wallet (markets) and from there China lifted itself up by the bootstraps and things are on its way to super economic power status, but meanwhile, the turtle, the tiger, the rhino and the elephant etc. will be obliterated to support the superstitions of the upstart population… it’s a lose, lose situation for the world. The best China can to avert the impending disaster is to not procreate for a while until the numbers go down to the 1949 level. China and India both need to pull up their collective breaches!

  47. The absence of property taxes makes carrying costs negligible.

    This means that the Chinese actually “OWN” their homes

    • Replies: @Biff
  48. mike k says:
    @onebornfree

    Establishment propaganda rants. Trash China at all costs. The stinking USA is soooo much better!

  49. TKK says:

    Compare this to the carnivorous banks and the repellent Warren Buffet, with his take over of the mobile home industry.

    Mobile homes used to be a short cut for the less affluent to own a home. Sure, there’s the joke of trailer trash, but some of these mobile homes produced today, on the surface, are snazzy and roomy.

    Buffet swooped in and bought Clayton Homes, Oakwood homes and about 60% of the mobile home industry. So, when you are shopping at Clayton, and get a second price at Oakwood, its a rigged game. Staffed by greasy salesman who fall to tell you that the INVOICE price has a profit of 25% built in automatically.

    He then created his own mobile home financing companies- Vanderbilt and 21st Century.Buyers are strenuously and aggressively routed to these financing companies.

    To keep it short, if one is desperate enough to finance a $35,000 single wide with these vultures, you will have paid $350,000 plus at the end of the 20 year financing. They do this by focusing on the monthly payment. Most of these buyers don’t look at the amortization and the APR, and there some evidence that these companies are not providing these docs at the “closing”.

    However, some buyers do snag an APR of 7% with Buffet’s “banks.” Evidence is rampant of the APR being switched after they made their down payment, had the land cleared and prepped, and are perched in a hotel room, waiting for their trailer to be delivered. An APR of 7% is suddenly 12%, based on vague “credit reasons.” No one wants to back out at that stage. These buyers don’t have real estate lawyers on speed dial.

    So, you slog through 20 years of payments.

    Unless you have bricked in the foundation, and perhaps added on rooms, at the end of the 20 years, having paid $350,000- you have an asset that depreciates like a vehicle, appraising out at about $6500.

    There’s more to the horror of Buffet and his take over of mobile homes- the fat American “wizard”. There’s no magic. Its old fashioned usury.

    Every single institution in America has to become about making a small few obscenely rich at the expense of the working poor.

    It seems as if China is headed that way. Should elderly parents have to take a second job so their children can afford a home?

    A mortgage is a trap, a one way ticket to indentured servitude, created in Mandarin or English. It’s still the same game.

  50. Are you readers aware of new rules for the commentariat? Anyone experiencing any problems? It seems that the number of comments has dropped. I posted the following comment over at Audacious Epigone and I get the message that it is still being moderated while two comments posted later by other readers, according to the time stamps, are visible. I did not break the rule on that threat nor the total for all threads. I wonder if my comment is visible on that thread to others. It was on response to Achmed E. Newman.

    Maybe this is the result of the famous algorithm RU was developing to curtail Jeff Stryker’s chatty exchanges with commenters about his everyday experiences but we all got caught up in it. At least now we’ll get to see Wally’s “go to codoh” prompts only three times an hour.

    Does a warming light up in red when you press the Reply button if you’re exceeding the limit?

    What other surprises is RU working on for the future? I say if it ain’t broke don’t fix it but let’s see.

    Is this the beta trial phase or he’s gone straight to alpha?

  51. Biff says:
    @Common sense Joe

    I live in East Asia, and I pay zero property tax on my primary home I live in. If I were to buy a second home and rent it out I would pay tax on those profits from rent collected.
    Property tax on your primary residence is anti-family.

    • Replies: @TKK
    , @Patricus
    , @ken
  52. TKK says:
    @Biff

    Is homeowner’s insurance mandatory there? It’s a huge expense in the States.

    Then, if you have to file a claim, you are treated like a criminal.

    On a 3/2 bath I have “owned” for 12 years, I have paid $32,ooo in premiums.

    $25,ooo in property taxes to the County alone.

    If I really dwelled on it, I would become “unmanageable.”

    • Replies: @Patricus
    , @Biff
  53. Herald says:
    @Jack ⧝

    You don’t have to go as far as China to find a plague of loveless marriages and cities full of adulterers.

  54. Herald says:
    @another fred

    The Borg arrived quite some time ago.

  55. Herald says:
    @Biff

    None of the awful things you describe would ever happen in Mayberry.

  56. Patricus says:
    @Biff

    I am no fan of taxation but almost everyone would agree there is some legitimate place for government. Once there is a government it has to be paid for. The simplest way to do that is with property taxes. Land parcels, and the owners, are known and easy to find. It is much harder to monitor and collect sales taxes. Income taxes are even more difficult to collect.

  57. Patricus says:
    @TKK

    If you want a mortgage the lender will insist and verify that you insure the house. They would be insane if they did not. Once your mortgage is paid off you can cancel the hazard insurance, if you are crazy enough to do that. No one likes to pay for insurance, or for that matter any other bill, but we insure to try to avoid financial ruin. If you have nothing to lose then insurance is wasted.

    • Replies: @TKK
  58. nsa says:
    @anonymous

    “destruction of certain Canadian cities………Chinese immigrants……..”
    The legacy whites refer to everything south of the metro area to the border as Hongcouver. Since 1990, half of Hong Kong has relocated to Vancouver, BC, Canada……..meeting the race neutral C$1 million financial qualification for landed immigrant status. The whites still control North and West Van, but the inland east (Surrey, etc) along the Frazier River has been taken over by the east indian turbins (Sikhs) along with a sprinkling of eastern euros, mostly Ukrainians. What a frigging mess……….eh?

  59. Anon2020 says:
    @onebornfree

    Thank the Pence-Pompeo-Bolton axis of evil for this attempted coup.

  60. Poco says:
    @Biff

    I am not defending or attacking any specific gvernment here but what government anywhere, anytime in history didn’t take what it wanted if it had the power to do so? It’s always been this way. And governments only “provide” when they feel compelled to.

  61. ken says:
    @onebornfree

    Projections for 2100 have the Chinese population smaller by 300 million. I wonder how many housing units the government will be tearing down each month?

  62. ken says:
    @Biff

    And the majority of the property taxes go to public school districts, which indoctrinate kids in leftism. Yet 90% of Americans voluntarily send their kids to these schools.

    • Replies: @Jim bob Lassiter
  63. None of this (real, fanciful or otherwise) could be replicated in hyper-multicultural America with chocolate syrup on top.

  64. Anon2020 says:
    @TKK

    Underneath that avuncular facade is a real Jew who can outjew them all.

    Buffett bailed out Goldman Sachs in 2009 with $5B, if it weren’t for that GS would’ve gone under as they should have. Instead that sach of shit Temple Mount of Jew money lives to swindle the world for another hundred years. I will never forgive him for it.

  65. @ken

    If, for whatever reason, there is no extra money and/or a stay at home mom, what choices do they have ?

    • Replies: @ken
  66. @TKK

    I was unaware of Buffet’s move on the mfg. housing industry. FWIW, in a career misstep in another life I gave it a try as a greasy trailer salesman. I just wasn’t sleazy enough to make it, but I learned a lot. A tour of a working mobile home factory was highly instructive.

    Your general assessment is quite correct. About the only way to really make it pay for an individual as a viable housing proposition is to:

    a) Own your own lot all pre-approved by powers that be with ready infrastructure in the right locale.
    b) Buy a distress sale second hand unit for cash in verifiable good condition (or restorable if you’re handy at that sort of thing)
    c)Contract the purchasing, moving/delivery, set up and masonry/foundation work and insurance ahead of time using a lawyer for surety escrows on seller and service providers.
    d) Know the right people.

    You would be amazed at how cheaply FEMA buys brand new base model singlewides.

    • Replies: @Thim
  67. Agent76 says:

    Jun 21, 2019 California: America’s First 3rd World State

    If you want to know the Democratic Party vision for America, you need only look at the left coast paradise of California.

  68. Anon2020 says:

    If you build it they will come — the Chinese government got religion.

    Every number that comes out of China is always mind boggling. Most of us can’t even comprehend what it’s like to run a government that has to take care of 1.3 Billion people. The Chinese government has done an admirable job by most account, in spite of all the corruption.

    Most cities in the West were built in the era before the automobiles, as such the infrastructure like freeways and surface streets can’t keep up with the flood of cars that keep coming in, and it’s simply too expensive to clear the land and dig up roads to put in subway at this point. That’s why our cities are all so congested. Then the libtards came in and wanted to force everyone to ride their bike so they put in bike lanes everywhere and build micro apartments that don’t have parking spots, which makes traffic worse for commuters from the suburbs. Our city planners are a bunch of leftist morons.

    From looking at YouTube videos, it seems the Chinese city planners are pretty good at building for an automobile centric metropolis, with multi lane freeways and wide city streets everywhere, subway, electricity grids and telcom wired for the 21st century. I think the copies of European architecture like Hallstadt is kitschy at first glance but really quite pretty and nicely done. These must be exciting times to be a city planner or an architect in China.

    • Replies: @Erebus
  69. @Patricus

    You evidently have never seen the aftermath of a botched up real property revaluation/mass appraisal with lines of people around the block for months at the county tax assessor’s office.

    • Replies: @Patricus
  70. @Faraday's Bobcat

    I’ll wager that the vast majority of people in the USA live in properties that are subject to property tax. No comfort there.

    So long as we must pay property tax, we never truly own our real estate “property.” The government is the ultimate owner of all land, in practice, in the USA too.

  71. @PetrOldSack

    Perhaps China will be throttling, um, non-Chinese populations.

  72. TKK says:
    @Patricus

    As a lawyer, I certainly understand the bank requiring insurance to protect the investment in case of catastrophe.

    But its not that simple.

    Ever tried to make a claim? You are met at every turn with resistance and refusal.

    The exaggerated premiums you pay are not any guarantee of a pay out. Indeed, you better be prepared for the fight of your life.

    I own a shack at the river, in full, and have no insurance on it. Is it a mistake? No. Its just a shack and if catastrophe strikes, the money I saved in premiums will help me replace it.

    And, just for fun, do an amortization of your mortgage on Excel. The meat of your money goes to interest.

    • Replies: @Patricus
  73. Art says:

    It is time for the Federal Reserve to extend interest free 10 year home loans to first time buyers. It gives almost interest free loans to the rich money changers – why not the folks?

    • Agree: RadicalCenter
    • Replies: @RadicalCenter
  74. MEFOBILLS says:
    @Daemon

    China can pivot any time now to internal demand. They have already climbed the industrial curve and are at parity or near parity with the west.

    Also, belt and road opens up new markets for finished goods, which generate increment of production. Belt and road also opens up mineral and energy resources needed by China.

    Atlantacism, neo-liberal orthodoxy, rim theory, and all of the other shibboleths hoaxed onto the west by our Zionist overlords, have met their match in China.

    China uses its public banks, and directs their own credit strategically.

    The U.S. and the West are at a permanent disadvantage, because the industrial capitalism model of China will always win, and has always won in the past. (Germany under Kaiser, post WW2 Japan, U.S. 1868-1913, etc.)

    • Replies: @MAOWASAYALI
  75. lloyd says: • Website
    @Wally

    It does actually quite a number and they are identified with China’s burgeoning drug problem. But they are not lazy and dumb. So maybe you are right.

  76. Thim says:
    @Jim bob Lassiter

    I saw over 500 fema single wides sitting in a droplot in York PA yesterday. They looked pretty shabby. I bet they must have a million or more sitting around empty.

    • Replies: @Jim bob Lassiter
  77. lloyd says: • Website

    Having lived a decade in China, I was often astonished at the laid back employment practices and inefficiencies of Chinese workers. As a Chinese professor said to us foreign experts, “The Chinese graduate wants three things. Live as close to their family as possible, get paid as much as possible, and do as little work as possible”. So how to they manage this economic miracle? My supposition is, there are several billion of them, and they don’t have the dysfunctional political system of America. If they were as marvellous as made out, their productivity would be almost ten times America’s when it is not much more. In that they most resemble a bee hive. A bee hive is exceedingly ineffficient if you have watched them. But they methodically do what they are supposed to do. America most resembles a wasp nest full now of wasp drones.

  78. Joe Wong says:
    @another fred

    If the Chinese have a mindset like the American who can only think in unidirectional, i.e. spinning like a wheel in one direction, the situation is indeed problematic and the solution will not work forever. The fact is that the Chinese is not the American, the Chinese will deploy “Cross the river by feeling for stones under one’s feet” and “No matter if it is a white cat or a black cat; as long as it can catch mice, it is a good cat” to solve whatever they encounter.

    Perhaps the American should let go their superiority facade and try “Cross the river by feeling for stones under one’s feet.” and “No matter if it is a white cat or a black cat; as long as it can catch mice, it is a good cat.” to solve their enormous national and social ills.

    • Replies: @Daemon
  79. Erebus says:
    @Anon2020

    Every number that comes out of China is always mind boggling.

    Yes, and it’s even more mind-boggling for those of us who’ve watched it roll out first hand over the last 3 decades, and especially over the last 2. When I talk to people who’ve never been there, their eyes roll as if I’m talking science fiction. Frankly, mine would too as it’s one of those things you have to see to believe.

    These must be exciting times to be a city planner or an architect in China.

    … and civil engineers, project managers, interior designers, etc etc. I know a few of them. 10 yrs ago, most of them were foreigners. Now Chinese universities are turning out capable professionals and the foreigners who came 20 yrs ago are retiring. Yes, there’s no other time or place they’d get to do what they’re doing at the pace they’re doing it.

  80. Joe Wong says:
    @SaneClownPosse

    Are you an Indian from India?

  81. Joe Wong says:
    @Anonymous

    American destroys, Chinese builds.

  82. @MEFOBILLS

    China uses its public banks, and directs their own credit strategically.

    I want to believe you, but China’s (((Central Bank))), the People’s Bank of China is a member of and governed by the Bank of International Settlements (BIS).

    Why was China given permission by BIS to do what no other country is permitted to do?

    Is China being deliberately set up to be controlled opposition–can’t have a trade war-cum-hot-war without a big bad enemy, right?– or is China really going to be the next Jewish superpower, as those in the know have been speculating for the past several years?

    For Newbies and Normies:

    BIS is owned and controlled primarily by the Rothschilds and is a strictly private and kosher operation, though they have appointed goy fronts to be “Governors”. The last Chinaman to be a BIS Governor was in 2007, Zhou Xiaochuan, who was also a Governor of the People’s Bank of China.

    • Replies: @Astuteobservor II
    , @Erebus
  83. Ber says:
    @anonymous

    ……but Vancouver has recently been voted or claimed to be the friendliest place on earth by the MSM!!!

    • Replies: @RadicalCenter
  84. Good stuff, nice to see data from China that isn’t from the CIA. Would be nice to see America turn around. Start investing in its people. The system has failed, too much greed, criminality, corruption, bribery, blackmail, fraud. Seems like more of a feature than a bug doesn’t it? Sad.

    The Brutality of American Capitalism
    https://www.nytimes.com/interactive/2019/08/14/magazine/slavery-capitalism.html?action=click&module=Top%20Stories&pgtype=Homepage

    The relentless sale of British assets to foreigners shows no sign of abating
    https://www.presstv.com/Detail/2019/08/19/603926/UK-British-Steel-Turkey-Oyak

  85. Daemon says:
    @Joe Wong

    They will never do that, because that would rely on them acknowledging that it is necessary to learn from others, and that would imply that they are not perfect as they are. They would sooner let go of that delusion than the Israelis would give up on being the “Chosen” people.

  86. Daemon says:
    @PetrOldSack

    Throttle? They are below-replacement. Check the stats.

    That’s like saying they need slow down when they’re already going in reverse. Very disingenuous of you.

    If you’re worried China might pull another massive population expansion like from last century, let me reassure you. The conditions just aren’t there.

    • Replies: @PetrOldSack
  87. Biff says:
    @TKK

    Is homeowner’s insurance mandatory there?

    No.
    Long story, but because of the lack of various things such as monopolies on building materials(concrete esp), zoning laws, labor laws, taxes, building fees, inflated utilities, etc etc ad infintum(find out what FEMA pays for a single wide and you’ll get the picture). The dwellings here are on the cheaper end of the deal – the property the dwelling sits on is the much bigger expense.

    You can’t hurt a piece of property with fire, so who in their right mind would insure it? – unless you were forced too. Emphasis on the word force.

  88. @Daemon

    Very pertinent of you. Trust you on the data.

    To correct my statement, “half the population, and China would be stronger in all senses´´. To us, concerning per capita calculations, human numbers, bigger means bigger liability. Of course this is not exactly a linear measure.

    Automatisation, robotics, AI(a misnomer, auto-management of data mostly), quality screening of embryos, and later editing for flaws, the mere size of the planet, higher population numbers increasing the dominance of a small elite, and this globally, point in the direction of a nation´s population being, at a certain breaking point, a liability and not an asset.

    Applying the above. Concerning Whites, in the conventional sense used here at unz.com, numbers is not of a first concern, but a quality ethno-centric population and “tight´´ modes of operation, asserting cultural and genetically high standards and then, no qualms inserting into the patchwork of the world. The results should be higher focus on quality(lamentable, and to be deconstructed Anglo elites) should be the priority.

  89. @MAOWASAYALI

    Unless you see the Jews move into china enmass, forming their own Jewish communities, no.

    Why would the Chinese elites bend over with pants down when they are standing tall. Makes no sense.

    Now, if talking about partnership, now that might be a possibility. Give them safe harbour in case the shit show goes down in flames.

    Main indicator is media control. As long as Chinese elites retains that, they have no worries.

    • Replies: @MAOWASAYALI
  90. @Thim

    Let them be used in an operation like the Katrina aftermath, and shabby in six months or less of use from factory new would be consistent with what we already know about their likely tenants.

  91. FvS says:
    @Realist

    They both have the same problem with public defecation, except the Chinese apparently do not have the excuse of being homeless.

    • Replies: @Realist
  92. Realist says:
    @FvS

    They both have the same problem with public defecation, except the Chinese apparently do not have the excuse of being homeless.

    Citation?

    • Replies: @FvS
  93. https://data.oecd.org/price/housing-prices.htm

    Lowest price-to-income ratio in the OECD is Italy.

    South Korea, Poland, and Estonia also stand out.

    A high level of home ownership is also not necessarily positive. It appears to reduce labor mobility and increase commuting times, probably owing to home ownership being much less liquid than rent:

    https://www.nber.org/papers/w19079

    Government policy on housing is generally misguided throughout the world, as it tends to focus on expanding home-ownership. In addition to the probable negative effects on labor mobility, this creates a powerful political constituency against reducing the affordability of housing since owner-occupied homes are the main source of middle class wealth in most countries.

    The political economy of rental housing of course isn’t hunky dory either. Landlords are like other businessmen keen to lobby governments to suppress price competition, and leftist politicians cater to double-digit IQ constituents by promoting rent controls.

    My understanding is that Germany has a fairly successful housing policy in which the growth of rent is restricted but new supply of housing is also encouraged.

    Hard to consider Chinese housing policy a success in light of the comical housing prices in places like Shenzen. China’s underdeveloped securities markets also mean that most middle class Chinese consider real estate to be the preferred store of wealth, exacerbating the speculation problem the government nominally opposes.

  94. @anonymous

    Now you know how the Native Indians feel. LOL

    If you’re lucky maybe the Jews will allow you to have your own reservations and casinos very soon.

    That is if you’re really “White”.

    I’m always suspicious of people who identify as White but never call out the Jews who are the masterminds responsible for flooding their beloved White countries with ‘sub-human non-Whites’.

    In fact, most of these White Conservatives or pro-White activists are Jews, crypto-Jews and or die-hard Zionists.

    Cf. Tommy Robinson: real name (((Stephen Christopher Yaxley-Lennon)))

  95. ken says:
    @Jim bob Lassiter

    If I felt I had no option but to turn my children over to become left wing zombies I wouldn’t procreate.

  96. Patricus says:
    @TKK

    I know about insurance companies. In your case, with a paid for property at the river, and your financial ability to rebuild if there is a fire, etc., you are doing the best thing as I see it.

  97. Patricus says:
    @Jim bob Lassiter

    Property taxes are a nuisance but consider the additional complexity of collecting income taxes for every resident, or even sales taxes at all the stores in town. A small community would need an army of tax collectors. Smaller communities will have to rely on property taxes.

  98. Muggles says:

    All is wonderful in China if you believe Chinese government statistics. The only kind legally available. Odd that China worshipers in the comments section seem to have considerably more skepticism about the US government than the Chinese one party state government. Very odd. Almost zero investors believe in most public Chinese statistics either. Lying is endemic in communist societies.

    What the Chinese government does, however, is spend only a small fraction of their budget on useless military expenditures. Which is nearly all of them. If the US govt. spent the same fraction there would be plenty of funds left over for high speed rail, etc.

    Plus, despite all of this glowing “evidence” of Chinese wonderfulness, very few Chinese from elsewhere, including the US, seem to be emigrating back to the homeland. Thousands still make their way here and to Canada, etc. So when you look at “voting with your feet” these “statistics” all ring pretty hollow. The Chinese govt is lucky to be coping with all of their problems as well as they do. And the Hong Kongers don’t seem to be too anxious to join the mainland “housing boom” either.

    • Agree: Alden
    • Replies: @Godfree Roberts
    , @Lin
    , @Biff
  99. @FvS

    Yeah, it’s disgusting and funny at the same time, like Jewish humor.

    But are you sure that sign wasn’t a piece of art being displayed? Who knows for sure when you have Jews in control. What you and I consider as shit, the Jews consider as art.

    [MORE]

    From Wikipedia:

    Artist’s Shit (Italian: Merda d’artista) is a 1961 artwork by the Italian artist Piero Manzoni. The work consists of 90 tin cans, each reportedly filled with 30 grams (1.1 oz) of faeces, and measuring 4.8 by 6.5 centimetres (1.9 in × 2.6 in), with a label in Italian, English, French, and German stating:

    Artist’s Shit

    Contents 30 gr net
    Freshly preserved
    Produced and tinned
    in May 1961

    Value
    A tin was sold for €124,000 at Sotheby’s on May 23, 2007;[5] in October 2008 tin 83 was offered for sale at Sotheby’s with an estimate of £50–70,000. It sold for £97,250. On October 16, 2015, tin 54 was sold at Christies for £182,500. In August 2016, at an art auction in Milan, one of the tins sold for a new world record of €275,000, including auction fees.[6] The tins were originally to be valued according to their equivalent weight in gold – $37 each in 1961 – with the price fluctuating according to the market.[1]

    Contents of the cans
    One of Manzoni’s friends, the artist Agostino Bonalumi, claimed that the tins are full not of faeces but plaster.[7] The cans are steel, and thus cannot be x-rayed or scanned to determine the contents, and opening a can would cause it to lose its value; thus, the true contents of Artist’s Shit are unknown.[8] Bernard Bazile exhibited an opened can of Artist’s Shit in 1989, titling it Opened can of Piero Manzoni (French: Boite ouverte de Piero Manzoni). The can contained an unidentifiable, wrapped object, which Bazile did not open. There are rumors that some cans have exploded and that there is one can within the can.[1]

    The piece received media coverage due to a lawsuit in the mid-1990s, when an art museum in Randers, Denmark was accused by art collector John Hunov of causing leakage of a can which had been on display at the museum in 1994. Allegedly, the museum had stored the can at irresponsibly high temperatures. The lawsuit ended with the museum paying a DKK 250,000 kr. settlement to the collector.[9]

    ROTFLMAO

  100. @Muggles

    You need not believe anything, since this is not a religious discussion.

    If you are doubtful you can do your own ground-level observations by, for example, visiting third and fourth tier cities and seeing for yourself how well their profiles match the government statistical averages: do they have a their first subway? An HSR line? Plentiful building cranes? A bustling downtown? Cheerful or gloomy? Homeless people? Fearful people, and so on.

    Or you can read the published works of scholars like Carsten Holz, Professor, Hong Kong University of Science & Technology is a visiting scholar in the Department of Economics at Fairbank Center for Chinese Studies at Harvard University. His current research is on the quality of Chinese statistics and on productivity changes across China’s economy. Download the paper here. Carsten Holz ─ The Quality of China’s GDP Statistics. https://watson.brown.edu/events/2015/carsten-holz-quality-chinas-gdp-statistics

    Or you can listen to professional investors, like Mark Mobius, CEO of Franklin Templeton Fund which has billions invested there, “I know there’s a lot of debate as to whether the numbers are true, whether it’s really 7 percent, but our numbers indicate that it is at least that,” the chairman of the emerging-markets group at Franklin Templeton Investments  said in a recent interview with Bloomberg TV. “We think that a lot of the economy is not really being counted because China is being converted from a manufacturing-oriented economy to a service economy.”

    As to “very few Chinese from elsewhere, including the US, seem to be emigrating back to the homeland. Thousands still make their way here and to Canada, etc.,” you must understand how smart the average Chinese is and how terrifyingly fierce is the competition there, as this story by one of them, Puzhong Yao[1] makes clear:

    “It was the summer of 2000. I was 15, and I had just finished my high school entrance exam. I had made considerable improvements from where I started in first grade, when I had the second-worst grades in the class and had to sit at a desk perpendicular to the blackboard so that the teacher could keep a close eye on me. I had managed to become an average student in an average school. My parents by then had reached the conclusion that I was not going anywhere promising in China and were ready to send me abroad for high school. Contrary to all expectations, however, I got the best mark in my class and my school. The exam scores were so good that I ranked within the top ten among more than 100,000 students in the whole city. My teacher and I both assumed the score was wrong when we first heard it but, as a consequence, I got into the best class in the best school in my city, and thus began the most painful year of my life.
    My newfound confidence was quickly crushed when I saw how talented my new classmates were. In the first class, our math teacher announced that she would start from chapter four of the textbook as she assumed, correctly, that most of us were familiar with the first three chapters and would find it boring to go through them again. Most of the class had been participating in various competitions in middle school and had become familiar with a large part of the high school syllabus already. Furthermore, they had also grown to know each other from those years of competitions together. And here I was, someone who didn’t know anything or anyone, surrounded by people who knew more to begin with, who were much smarter, and who worked just as hard as I did. What chance did I have?

    “During that year, I tried very hard to catch up: I gave up everything else and even moved somewhere close to the school to save time on the commute, but to no avail. Over time, going to school and competing while knowing I was sure to lose became torture. Yet I had to do it every day. At the end-of-year exam, I scored second from the bottom of the class—the same place I began in first grade. But this time it was much harder to accept, after the glory I had enjoyed just one year earlier and the huge amount of effort I had put into studying this year. Finally, I threw in the towel and asked my parents to send me abroad. Anywhere on this earth would surely be better.

    “So I came to the UK in 2001, when I was 16 years old. Much to my surprise, I found the UK’s exam-focused educational system very similar to the one in China. What is more, in both countries, going to the “right schools” and getting the “right job” are seen as very important by a large group of eager parents. As a result, scoring well on exams and doing well in school interviews—or even the play session for the nursery or pre-prep school—become the most important things in the world. Even at the university level, the undergraduate degree from the University of Cambridge depends on nothing else but an exam at the end of the last year.

    “On the other hand, although the UK’s university system is considered superior to China’s, with a population that is only one-twentieth the size of my native country, competition, while tough, is less intimidating. For example, about one in ten applicants gets into Oxbridge in the UK, and Stanford and Harvard accept about one in twenty-five applicants. But in Hebei province in China, where I am from, only one in fifteen hundred applicants gets into Peking or Tsinghua University.

    “Still, I found it hard to believe how much easier everything became. I scored first nationwide in the GCSE (high school) math exam and my photo was printed in a national newspaper. I was admitted to Trinity College, University of Cambridge, once the home of Sir Isaac Newton, Francis Bacon, and Prince Charles. I studied economics at Cambridge, a field which has become more and more mathematical since the 1970s.. The behavior of my British classmates demonstrated an even greater herd mentality than what is often mocked in American MBAs. For example, out of the thirteen economists in my year at Trinity, twelve would go on to join investment banks, and five of us went to work for Goldman Sachs.


    [1] Excerpted from ‘The Western Elite from a Chinese Perspective’ by Puzhong Yao American Affairs. Winter 2017 / Vol I, No 4. More stories of his studies the and US at http://ajourneytothewest.co.uk/

    • Replies: @Erebus
  101. Erebus says:
    @MAOWASAYALI

    Why was China given permission by BIS to do what no other country is permitted to do?

    I think you may be thinking of the IMF’s rules governing currency issuance in emerging markets. What BIS rules has China been “permitted” to break?

  102. Realist says:
    @FvS

    I meant a reputable citation.

    • Replies: @FvS
  103. Erebus says:
    @Godfree Roberts

    In addition to Mobius, very big gun Ray Dalio voices a similar opinion on China’s prospects here: https://www.linkedin.com/pulse/looking-back-last-40-years-reforms-china-ray-dalio/

  104. Lin says:
    @Muggles

    “All is wonderful in China if you believe Chinese government statistics. The only kind legally available. Odd that China worshipers in the comments section seem to have considerably more skepticism about the US government than the Chinese one party state government. Very odd. Almost zero investors believe in most public Chinese statistics either. Lying is endemic in communist societies. “

    I check that nominal china GDP increased from US$ 0.99 trillion in 1999 to >US$10.0 trillion in 2014. The big jump included fast growth,inflation,currency appreciation, 2 GDP calculation adjustments at 16.7 % and 2.6%(if I remember right).If the growth numbers are wrong,it has to do with either 1999 figure was underestimated or 2014 figure was overstated. Tell me which major investor said which stats china was lying? Fact is income in china is boardly in line with countries with similar level of GDP/capita. Take a look at the auto sales in 2018;https://www.best-selling-cars.com/international/2018-full-year-international-worldwide-car-sales/.
    Another figure is elelctricity consumption per capita in china has likely exceeded that of UK.
    Lying? Why these 2 figures: All the big US auto makers invest in china heavily and they know; electricity production can be satellite-measured by the E.M. radiation from transmission lines.
    Another interesting point is housing contribution to GDP: A housing unite occupied by its owner, even if it’s not sublet, contributes to GDP as a certain % of the market value in US but as a certain % of construction cost in china.

    And the Hong Kongers don’t seem to be too anxious to join the mainland “housing boom” either

    You must be fcuking kidding me. Housing price in HK is insane; a 500 sq ft apartment in HK easily fetches US$1 million. A lot of HKers own properties in ML china.
    …………..
    However I’m glad that your anxiety is eased by your self-absorbed propaganda, haha…

  105. @TKK

    I like this comment, news to me. I always laugh at the “tiny house” movement espoused by the greenies, and the angst of the American liberal over their “housing crisis” in urban America. Solution: 10×50 single wide of 50 years ago. I always assumed zoning backed by builder’s, bankers and hoity toity neighbors killed this cheap housing. It appears there is more to know.

  106. Biff says:
    @Muggles

    Lying is endemic in communist societies.

    Propaganda(lying and bullshitting) is to a democracy, what a bludgeon is to a tyranny.
    Noam Chomsky

    By default communist societies can be brutally honest.

  107. Anonymous[327] • Disclaimer says:
    @last straw

    Indonesia’s got an interesting one. You can live in your house for as long as you like without paying property tax, but you have to settle before you can sell it.

  108. @Art

    Good idea, though we’ll need mortgage loan terms way longer than ten years — especially for homes in expensive areas like SoCal, North Jersey, etc.

    Even a successful, frugal couple who never suffers unemployment, typically couldn’t pay off a $400,000 or $600,000 mortgage in ten years. That would be on top of property taxes and possibly condo fees of at least $450-700 per month. And PMI (mortgage insurance) for buyers who have a downpayment of less than 20%, which can easily be $100 k to $140 k in expensive areas.

  109. @Ber

    I lived there part-time for a couple years. NO WAY were VAN, Richmond, or Burnaby friendly overall.

  110. FvS says:
    @Realist

    The article is linked in the page. And that article has more articles linked inside it. Here are some others. What more do you want?
    https://www.sciencedirect.com/science/article/pii/S030147971730912X
    https://kotaku.com/why-kids-keep-crapping-in-public-in-china-5987786

  111. Muggles says:
    @Biff

    Re: Biff and communist “brutal honesty” comment. Perhaps he can provide an example of this phenomenon.

    It is my understanding from many sources that “honesty” is very scarce in all of its forms in most communist societies. Especially when government statements are involved. No one believes the government sanctioned media or their numerous spokesmen/media hacks. There are no easily accessible alternatives for average people. As you know, the Chinese employee tens of thousands, if not more, internet censors to scan public and private posts of all sorts to remove those which the censorship bureaucracy dislikes. This is well documented.

    Is the result your “brutal honesty?”

    I suspect Biff here, and maybe others, are similarly employed to scan Western internet sites like this and respond to anyone critical of the mainland. Even Facebook has pulled the plug on hundreds of bogus accounts slamming the Hong Kong protests.

    Maybe I’m just paranoid. Or being brutally honest.

    • Disagree: d dan
    • Replies: @Anon
    , @Joe Wong
  112. Yee says:

    Muggles,

    “I suspect Biff here, and maybe others, are similarly employed to scan Western internet sites like this and respond to anyone critical of the mainland. Even Facebook has pulled the plug on hundreds of bogus accounts slamming the Hong Kong protests.”

    That’s what your media keep telling you, isn’t it… But fact is many of those responses are telling you the truth.

    The Western media’s reporting on HK this time clearly demonstrates the full spectrum control over what information you may receive in your part of the world. For mainland Chinese people, we’re shown what bias reporting and twisting of facts looks like, up close. An education of what “free press” of the West actually is.

    As for the Facebook, there’s no way anyone in the media business didn’t know that the slamming of HK protest has been initiated by girls who chase movie stars, because HK protestors flooded their idol’s account with insults when he declared support for HK police. (btw, Facebook is fine with slamming accounts supporting HK police.)

    This pissed off the girls so they called for strike back on Internets, and keyboard warriors from other circles like on-line games, sports etc., responded to them. The call from the fan girls was the hottest topic on social media last week. The Western media must have been blind and deaf to not being awared of the fact, and yet they consonantly reported it was Chinese government’s doing…

    You’re swimming in a poison pond, you just don’t know it.

  113. Anon[240] • Disclaimer says:
    @Muggles

    Majority of the people in Hong Kong don’t support the violent protests, and they don’t stay in silence. There was a huge crowd – almost half million – in a “support the police, save Hong Kong ” rally last Saturday. But somehow Facebook just suspended a famous HK director who openly supports the HK police.

    Do you think people like getting attacked for no reason?

    Shutting down the airport

    Camera phone is everywhere. It is so much easier to find out what is going on from various sources than from the NYT.

  114. Anon[240] • Disclaimer says:

    Old Village

  115. Joe Wong says:
    @Muggles

    Facebook and Twitter have blocked nearly five hundred thousands accounts which posted protest comments against anti-China fake news, trolls and propaganda since June 12, 2019, the date starting of violent riots in HK stirred up by the CIA, MI6, NED and Taiwanese DPP.

    Mind you western media suppress all protest comments against anti-China fake news, trolls and propaganda, that’s why you don’t see them in your world.

    • Replies: @Ber
  116. Ber says:
    @Joe Wong

    When this de-platforming/censorship happens, it may mean that “CIA, MI6, NED and Taiwanese DPP” are starting to lose in the propaganda war.

  117. @Astuteobservor II

    Unless you see the Jews move into china enmass, forming their own Jewish communities, no.

    That’s not how Jews work.

    Mao’s Jewish handler Sidney Rittenberg finally dies at the ripe old age of 98.

    Read his obituary at the New York Times and then read it decoded by Frei at the Daily Stormer.

  118. @MikeatMikedotMike


    Capitalism and Communism are two sides of the same shekel.

    All the photos of Stalin on Wikipedia have been doctored and or photoshopped.

    So are the Hasbara Rats at Wikipedia communist or capitalist?

    For a detailed analysis of the crypto-Jew Stalin and why and how his photos were doctored see Miles Mathis’ essay on the “man of steel”–lol even his name was Fake and a Jewish Joke!

    • Replies: @Commentator Mike
  119. @MAOWASAYALI

    LOL. So Lot there on the right has been allocated to UR permanently. I wonder if the new rules are restricting his posting here.And is it a whole row for Breitbart?

    But Stalin didn’t just erase them out of photos – he erased them out of life. Yes brutal, but honest I guess, in a twisted sort of way.

    • Replies: @MAOWASAYALI
  120. @Commentator Mike

    I haven’t come across “Jeff Stryker” since the new posting limit came into effect, so I guess “Lot” there on the right in the front row isn’t too happy, unless, of course, he’s using a new alias like “The Real Original Commentator Mike”. lol

    Do they get paid per word or per hour?

  121. Maowas…

    LOL again. There’s some A123 person now on the Israeli relevant threads here. That seems straightforward: Row A, column 1 … 2 and 3 must denote shift and whatever else. Or room A, etc. however the IDF code their internet trolls, hasbaras and shills. Easier for the supervisor to keep track of them and their on-line activities. Pay? They get their whatever IDF salary I guess. Are they a specific troll unit or just all recruits have to do their bit on the electronic Internet war front? I don’t know.

  122. Ber says:

    Watch this video:

    • Replies: @MAOWASAYALI
  123. @Ber

    I watched it. The video is a good overview for normies, but the most insightful analysis of the situation in Hong Kong is Why You Should be Against War in China by Andrew Anglin, published yesterday, August 30, 2019 at the Daily Stormer.

  124. @another fred

    Agree. Though humanity interferes with it´s environment, and shortly with it´s own genome. So having “intelligence´´ means either hazardous, brute forcing, or steering, admittedly into results that other factors beyond control or unattended will travesty. Change is a constant, chaotic change probable. Not interfering in a decided manner would be quite fatalistic, unambitious, meaningless though.

    Can you elaborate on migration dynamics and population density and counts not being significant in the new fase of human existence?

  125. @Curmudgeon

    Yeah not everything can work everywhere. Its all in the execution. Singapore is a great example. They even regulated the percentage of ethnic groups in particular areas of the city so as not to create ethnic ghettos. Singapore has some of the highest quality of life on the planet.

  126. @obwandiyag

    There’s no shit in the streets of Zimbabwe; ’cause it’s socialist too.

  127. @Godfree Roberts

    Except, China is undergoing a familiar cycle to Westerners. Just like the English Industrial Revolution, it eventually cannot pay for itself. The Shanghaiers who cannot find apartments, when Chonqing or even Tibet eventually becomes too expensive and smoggy-grey for their tastes, what will they do? Guess they are counting on the Yang Gang opening a beachhead of sorts in the West… if the West won’t save itself before that, that is.

    Only the Chinese can keep things moving: is this CCP-approved maxim unchanging knowledge now?
    Just you hope the loans the CCP gave to Third Worlders do not meet the same demise that other countries’ loans did. You can only redistribute wealth that can be created. Land reform will create homesteads or communes in some areas, and overcrowded urban nightmares in others. We cannot all be Han… specially if the Han insist on funding the Western capitalists you decry, so that they keep the American dollar inflated through (among other things) inflated real estate, so the yuan can remain cheap and liquid at the same time…

  128. @Rabbitnexus

    It would be easier to cancel or lower land taxes, and fund schools and local governments from above, if population was uniformly productive in every region and could all pay the contributions and hiked-up income taxes, as well as respecting public property. That is not the case in the West, specially not in the multiracial USA.

    Furthermore, even with those taxes, the title to land in the West gives you more rights for usage of it than any Chinese has to their land, which they pay anyway with several contributions to funds as noted in the article.

    Obviously land prices in the West, specially in the US, must come down for affordable family formation, specially of whites – but that will happen easier if the West ceased being the creditor of the world, ceased importing more than exporting, and the dollar stopped being the global reserve currency. Funding Chinese collective welfare does not help reversing those trends.

  129. @Patricus

    Disagree. The property tax is the most insidious of all taxation. It means you don’t really own your home even if it is fully paid for. Property taxation is a function of tax rates and property evaluations. Currently where I live and many other places, evaluations have skyrocketed while tax rates have stayed the same. It is a bonanza for the taxing entities because it allows them to spend money on programs that would normally not be funded due to low priority. As I mentioned you do not really own the home of your dreams. You swiftly find that out when you are unable to make your property tax payment. Sickness, death, loss of employment will not sway the taxing entities from eventually placing your home up for a Sheriff’s sale. Sold to the highest bidder who must first pay the back taxes before he can assume ownership.
    BTW, I don’t see any problem with the various governments collecting income or sales taxes. Fail to pay and go to jail–happens all the time.

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