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StupiderIdjit t1_j5y4kal wrote

Reply to comment by Surur in homeownership rate will be over 80% in the future because everyone will be able to own at least a small condo in low cost of living places due to remote work and indoor living. by Pitiful-Internal-196

Because work isn't outsourced to pay workers to buy houses, lol. It just funnels money from America to like a couple of foreign dudes in China. That's it.

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Surur t1_j5y5boi wrote

Clearly you are not giving it much thought. Vietnam's home ownership rate is 90% for example.

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pmaurant t1_j5zmgqg wrote

Do they own the home or is it leased from the government, like in China?

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Surur t1_j5zoj6a wrote

It looks like leasehold for 50-70 years, but that is not different from Uk for example.

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