Home ownership in China still hoovering around 90%
But something something 15 minute cities something something COVID lockdown something something no freedom.
this post was submitted on 14 Mar 2024
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chapotraphouse
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I predict squatting will be in vogue
I'm looking forward to ~~TikToks~~ YouTube 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
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
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.
*corroborated