this post was submitted on 13 Aug 2023
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[โ€“] 201dberg@lemmygrad.ml 27 points 1 year ago (1 children)

Something like 70+% of Chinese millennials own their own home as they are experiencing a massive boom in jobs, pay, and benefits. Meanwhile ess than 40% of US millennials do. It's much less when you account for mortgage vs actual paid off.

You can just walk down any fucking street in China and see happy looking young couples with kids. 2 hours there would prove to anyone with eyes and moderately functioning brain how prosperous the society has become.