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AnybodySeeMyKeys t1_j57zzq0 wrote

Reply to comment by r2k-in-the-vortex in A study of lights at night suggests dictators lie about economic growth by im11btw

The problem is that they are borrowing money based on their propaganda, not based on their reality. Ugly things are beginning to happen in the Chinese economy. The fact that they've built 65 million housing units that will sit empty forever because there's not enough population to buy them should tell you everything you need to know.

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kungpaocheese t1_j58l37r wrote

And just like that we found the solution to Americas housing shortage and rental problem. Nothing remote work, really remote, can't solve.

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AnybodySeeMyKeys t1_j58mgbg wrote

Except most of those 65 million housing units are either a) Incomplete or b) falling apart due to maintenance. Just astounding malinvestment.

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kungpaocheese t1_j59p7op wrote

So its like a really big trailer park. We can work with that.

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