China also lacks a property tax so speculation is much more viable than in the w...

		seanmcdirmid on Nov 11, 2021 \| parent \| context \| favorite \| on: Evergrande teeters on edge of default as $148M pay... China also lacks a property tax so speculation is much more viable than in the west (where you have to pay property tax on a house if it is lived in or not).