- Roundcat ( @Roundcat@lemmy.ca ) 35•1 year ago
So now we’re at the direct materials trading part of the dynasty.
- Smoked_Brie ( @Smoked_Brie@lemmy.blahaj.zone ) 12•1 year ago
I’m fucking dumb. What does this mean?
- LoamImprovement ( @LoamImprovement@beehaw.org ) 34•1 year ago
This means that real estate developers are saying “I can’t sell this house for $250K but I can sell it for $300K and give you a 1Kg ingot worth $50K” to get around the overvaluing of the house, because people won’t buy the house at the prices Chinese government insists they should be sold.
- Smoked_Brie ( @Smoked_Brie@lemmy.blahaj.zone ) 4•1 year ago
Oh my… what a shit show. Thanks for explaining friend.
- TonyTonyChopper ( @TonyTonyChopper@mander.xyz ) 3•1 year ago
so communism is when unbearable housing markets are government mandated instead. What a world to live in.
- LoamImprovement ( @LoamImprovement@beehaw.org ) 2•1 year ago
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.
- argv_minus_one ( @argv_minus_one@beehaw.org ) 2•1 year ago
How so? This looks like unscrupulous businesses finding loopholes in the regulations and the government being slow to close them. Same thing happens in the west.