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@IngaLovinde @sapphicseagoat well the homeownership rate is very easily googleable, the first several results when I searched for it all agreed on the figure I cited. You can feel free to look that up yourself. Obviously that doesn't mean the housing market is perfect but I'm sorry I just don't find it very convincing to say that housing can still be secretly awful when very nearly 90% of people own a home. That's stretching credulity.

As for rental prices, the videos I saw yesterday said that rent prices vary widely depending on where you are living. One video said they live in Weihan and $200 a month in rent will get you very comfortable. I will say a LOT of people in China live in cities other than Shanghai, however I just looked today to see more Shanghai specific prices and they are saying anywhere from $300 a month to $1000 a month for rent.... So...

Sorry, it's still looking pretty damn good for me on the housing front. Not necessarily perfect but it paints a much better picture than you seem determined to present.