Tell Me Again about China's "Real Estate Crisis"...

The homeownership rate in the U.S. as of the second quarter of 2024 is 65.6%. The number of U. S. households increased by just 10.1 million from 2010 to 2020, fewer than in any other decade between 1950 and 2010.

Meanwhile in China 93% of people own their homes. Most own their homes outright with no mortage of any kind.

Could we please, please, please have that in the USA?

#China #Economy #RealEstate