Rents in China are dirt cheap and hardly increase if you’re rational about your ... | Hacker News

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		aianus 11 days ago \| parent \| context \| favorite \| on: The anti-abundance critique on housing is wrong Rents in China are dirt cheap and hardly increase if you’re rational about your housing instead of chasing status and face.

Tade0 11 days ago [–]

Rents - yes. Real estate - no. One huge sign of the housing market being out of control is the decoupling of renting from real estate prices. There's hardly a stronger indicator of it being irrelevant whether someone lives there or not.

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