this post was submitted on 08 Nov 2024
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Socialism

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With over 600k homeless Americans, couch surfing and sleeping outside tonight, this is important to understand (lemmy.ml)
submitted 1 week ago by yogthos@lemmy.ml to c/socialism@lemmy.ml
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[–] Name@feddit.nu -4 points 1 week ago (7 children)

Didn't China just had a huge crisis in the property market?

[–] Cowbee@lemmy.ml 24 points 1 week ago (1 children)

Property speculation crashed. It wasn't a homelessness crisis, but an intentional popping of a speculative bubble because Capitalists got greedy and homes were too expensive.

[–] Name@feddit.nu 1 points 4 days ago

So China tried the same formula as the west than, let the capitalists steer the housing market?

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