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15 hours agoCool, and China has a 90% home ownership rate. So things can also be much better


Cool, and China has a 90% home ownership rate. So things can also be much better

Natural gas can also use efficient modern turbines. Coal plants are a nonstarter in the modern era because they run so dirty with impurities that you have to use shitty turbines that are down for maintenance cleaning all the time.
The US does all the same things you portray China doing as bad as well. Go look at any inspection videos of new construction housing and you would be appalled at the horrific quality. And those workers are largely undocumented migrants who are getting exploited as well. So someone with my job in China is able to own their own apartment in of similar quality to the one I currently rent. The Chinese government has made it clear that they will not bail out housing speculators to ensure that a home’s primary purpose is providing shelter instead of increasing net worth.