Home ownership in China still hoovering around 90%
But something something 15 minute cities something something COVID lockdown something something no freedom.
I predict squatting will be in vogue
I’m looking forward to
TikToksYouTube Shorts from rich influencers bragging about their cute cardboard box homes.minimalist chic yurt*
*tarp over frame made of branches near a suburb’s drainwater outflow
Definitely not arguing that investors buying up single family homes isn’t an issue. However, looking at the sources the article linked to for the 40% claim, I didn’t see anything that collaborated it. Seems more likely it was likely to be 7.6 million/~40% of single family home sales by 2030. Especially as that number would mean there’s only 19-20 million single family homes in America which sounds way low.
According to the google, there are 82 million single family homes in the US, so 7.6 would be closer to 10%, or this article isn’t about US I suppose
