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> 70% of Chinese people’s wealth is (was) tied up in their homes I didn't realize this until late, because I'm a mere Russian with peasant notions of…
> 70% of Chinese people’s wealth is (was) tied up in their homesI didn't realize this until late, because I'm a mere Russian with peasant notions of property, but perhaps Americans are so fixated on this "housing=wealth" angle because they get to literally rent-seek on theirs:trashpandasfrrr: @michaelmezz 70% of Chines