Why are there no slums in China?
Why are there no slums in China?
dongshengnews.org Dongsheng Explains | Why are there no slums in China?
Slums were not uncommon in Chinese cities a few decades ago, from the precarious working class districts of 1930s Shanghai to the shanty towns of British-occupied Hong Kong in the 1950s onwards. How did China manage to develop in a way that decreased mass housing precarity? What are the structural ...
You're viewing a single thread.
29 comments
monthly rent being just a few hundred yuan (or five percent of monthly household income)
I pay roughly 40% of my monthly income in rent. My partner pays 50% of hers.
The fact that simply having a roof over thier head has now become a major expense for the majority of people is probably the best demonstration that liberal capitalism is a failed system.
29 comments