To circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.lemmy.nzimage Lee Duna ( @throws_lemy@lemmy.nz ) Damn, that's interesting!@lemmy.mlEnglish • 1 year ago message-square7fedilinkarrow-up1113
arrow-up1113imageTo circumvent local government's restriction on sharp price drop, Chinese real estates developers literally handed out gold ingots to home buyers.lemmy.nz Lee Duna ( @throws_lemy@lemmy.nz ) Damn, that's interesting!@lemmy.mlEnglish • 1 year ago message-square7fedilink
Context : https://www.theguardian.com/world/2023/jun/12/gold-bars-used-to-lure-chinese-homebuyers-amid-market-slowdown
minus-square LoamImprovement ( @LoamImprovement@beehaw.org ) linkfedilink2•1 year agoWell, if we’re being honest, it’s capitalism with communism branding. Otherwise you wouldn’t be able to buy and sell the house in the first place.
Well, if we’re being honest, it’s capitalism with communism branding. Otherwise you wouldn’t be able to buy and sell the house in the first place.