this post was submitted on 06 Jul 2026
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Sino

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thelastaxolotl@hexbear.net
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New low, Chinese homes are now cheaper than they were in 2006, and soon will be cheaper than they were in 1995 (hexbear.net)
submitted 1 day ago by Yuritopiaposadism@hexbear.net to c/sino@hexbear.net
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[โ€“] MemesAreTheory@hexbear.net 13 points 1 day ago (1 children)

I think the problem is that local governments took out loans/issued bonds on property tax revenue estimates for property that now cannot be paid back at its initial valuation? Common L for liberals planning debt repayments on line go up instead of fiscal sovereignty.

[โ€“] JDvecna@hexbear.net 6 points 1 day ago

I set em up, you knock em down