JayThaGrappla

JayThaGrappla t1_iy8h8g0 wrote

Oh this isn't government housing. It's all "owned" by people and mostly rented out to others. In China you don't buy land for life, you lease it for 30 years or so from the government. Developers buy it and build upon that land, people buy the apartments, people rent those out.

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JayThaGrappla t1_iy8gl0q wrote

China, bro. The government doesn't share any information lol

I know this from talking to the real estate agents in the area as I was interested in living there. It's actually a nice community with nice apartments, but found something better nearby.

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