darkmaster on Nostr: #China is one of the few countries in the world where, in some cities, housing supply ...
#China is one of the few countries in the world where, in some cities, housing supply is *greater than* demand.
Yet #housing prices at those locations won’t go down (in fiat) … How come?
People have been saying that it’s just supply/demand in the housing market for years … And are still in denial that this market worldwide is greedily manipulated and hoarded by mostly boomer investors for their own personal gain.
It’s a shitty market, measured in shitty currencies.
Holding #Bitcoin is the counter move to this madness
Yet #housing prices at those locations won’t go down (in fiat) … How come?
People have been saying that it’s just supply/demand in the housing market for years … And are still in denial that this market worldwide is greedily manipulated and hoarded by mostly boomer investors for their own personal gain.
It’s a shitty market, measured in shitty currencies.
Holding #Bitcoin is the counter move to this madness