#China is one of the few countries in the world where, in some cities, housing supply is *greater than* demand.
Yet #housing prices at those locations won’t go down (in fiat) … How come?
People have been saying that it’s just supply/demand in the housing market for years … And are still in denial that this market worldwide is greedily manipulated and hoarded by mostly boomer investors for their own personal gain.
It’s a shitty market, measured in shitty currencies.
Holding #Bitcoin is the counter move to this madness
darkmaster /
npub1an…u88r0
2024-08-13 11:18:43
Author Public Key
npub1an6j9lkx42wekdj5et7kr9mdl3p74lsfc53tnyzrep472f7uw76qlu88r0Published at
2024-08-13 11:18:43Event JSON
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"content": "#China is one of the few countries in the world where, in some cities, housing supply is *greater than* demand.\n\nYet #housing prices at those locations won’t go down (in fiat) … How come?\n\nPeople have been saying that it’s just supply/demand in the housing market for years … And are still in denial that this market worldwide is greedily manipulated and hoarded by mostly boomer investors for their own personal gain.\n\nIt’s a shitty market, measured in shitty currencies.\n\nHolding #Bitcoin is the counter move to this madness",
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