This is incorrect. In China nobody owns a home. They get a lease on it from the government. For wealthy urban Chinese this has meant they get lifetime ownership so far, but this is not guaranteed.
Also if you are not born with the correct hukou then you are not allowed to purchase any valuable property at all.
This is incorrect. In China nobody owns a home. They get a lease on it from the government. For wealthy urban Chinese this has meant they get lifetime ownership so far, but this is not guaranteed.
Also if you are not born with the correct hukou then you are not allowed to purchase any valuable property at all.
Ok, so, apparently, I don’t know what I’m talking about. I did watch one YouTube video though, and suddenly I felt like an expert on China.