Nobody can buy land in china, it is only leased from the government for up to 70 years for residential usage (less for other purposes). Calling the tofu-dreg building on top of this “owning a home” is disingenuous at best and deceitful at worst. Why do people buy homes anyway instead of renting? Because all other options to invest are even worse and it is literally their only option.
I hope you don’t tolerate how mega corps “sell” you shit like digital media or IoT devices only to later change the terms of sale and steal it back from you, because you never really owned it. Don’t tolerate the same shit if a government does it to you.
Government leasing land vs digital media licensing
These are not the same thing, not even close. Digital media can be copied endlessly basically for free, and IoT devices losing their functionality to a firmware update or loss of software support represents the labor and resources that went into making the device being wasted - but land is an eminently limited resource, and we have literally ten thousand years of experience with the negative externalities created by its private ownership. The only sane system of land management in the current economic paradigm is something like what China does, where land cannot be owned privately and is always under active management by a democratically-appointed body.
Nobody can buy land in china, it is only leased from the government for up to 70 years for residential usage (less for other purposes). Calling the tofu-dreg building on top of this “owning a home” is disingenuous at best and deceitful at worst. Why do people buy homes anyway instead of renting? Because all other options to invest are even worse and it is literally their only option.
I hope you don’t tolerate how mega corps “sell” you shit like digital media or IoT devices only to later change the terms of sale and steal it back from you, because you never really owned it. Don’t tolerate the same shit if a government does it to you.
These are not the same thing, not even close. Digital media can be copied endlessly basically for free, and IoT devices losing their functionality to a firmware update or loss of software support represents the labor and resources that went into making the device being wasted - but land is an eminently limited resource, and we have literally ten thousand years of experience with the negative externalities created by its private ownership. The only sane system of land management in the current economic paradigm is something like what China does, where land cannot be owned privately and is always under active management by a democratically-appointed body.