Chinese Economics Thread

abenomics12345

Junior Member
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Has there been any significant movement towards making those properties and those cities more attractive to prospective buyers?

Nope. Housing prices are falling but like, incomes expectations are falling as well.
I seriously wonder how many people on this forum have gone to visit the Huizhous and the Zhumadians or the Xiaoyis of the world where you legitimately have like, an imminent ghost city problem.

I came to a conclusion a few weeks ago that people in general don't actually understand the effects of deflation.

Or inflation or the money supply in general.

Do elaborate more.
 

bobsagget

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And that reflects the operational genius of the US government which had the incredible foresight to boost these invaluable GDP contributors by passing the laws in California making it unarrestable offenses to rob a store, assault someone (leading to valuable increases in healthcare GDP generation) or sell drugs... or basically anything less than first degree murder, in which case there might be probation time after an overnight stay at the police station.
You joke but think of the money involved in a shooting. Each ambulance ride itself is 4-8k usd a life flight helo is 10-15k than the hospital bills are more. The post surgery stay the months of billed pt is more. So much profit
 

bobsagget

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Nope. Housing prices are falling but like, incomes expectations are falling as well.
I seriously wonder how many people on this forum have gone to visit the Huizhous and the Zhumadians or the Xiaoyis of the world where you legitimately have like, an imminent ghost city problem.



Do elaborate more.
Have you seen the empty suburbs in the usa? We have entire dead zones as well and then we have other areas where single family homes are illegally sub divided to hold 4 famalies. We also have a lot of empty luxury apartments in most major cities as they are mostly investment structures. A popular one is the ultra narrow buildings in nyc . They often are built shoddily . I think one of them flooded out.

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abenomics12345

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Have you seen the empty suburbs in the usa? We have entire dead zones as well and then we have other areas where single family homes are illegally sub divided to hold 4 famalies. We also have a lot of empty luxury apartments in most major cities as they are mostly investment structures. A popular one is the ultra narrow buildings in nyc . They often are built shoddily . I think one of them flooded out.

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Do you have a problem comprehending what I mean when I say: "that the US has a huge fucking problem does not mean China has no problems"?

You are preaching to the converted. Seeing that this is a CHINESE economics thread - I really do not see any relevance of shitting on the US economy here.
 

mossen

Junior Member
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The bottom 50% in China actually gets quite a lot of transfers
Yeah, I've written about China's "in-kind social transfers" in this thread for a long time. Not counting it also undercounts actual consumption. China doesn't have as low consumption as commonly believed.
why RMB500 per month ? why not RMB1000 ?

Currently abut 10M babies per year are born, lets say will increase to 15M babies
Lol, why do people think increasing fertility is a matter of just money printer go brr? Tons of countries have tried to bribe parents to have more kids and invariably all attempts have failed.

Fertility is to a significant extent a function of two things: poverty and/or religiosity. To increase fertility, China either has to become Maoist poor again or it has to become much more religious. Neither is preferable or likely. So neither will happen and fertility will stay low.

It's the same choice in the West. The only rich country with high fertility is Israel, which has a genuine religious fundamentalist problem which is getting worse. There are no good options to raise fertility. You have to completely change your standard of living or live in a much more intolerant social environment, driven by religious prejudice. Neither is acceptable to most societies, which is why fertility will not rise in any meaningful way. Money printer can't bail you out.
 

proelite

Junior Member
Lol, why do people think increasing fertility is a matter of just money printer go brr? Tons of countries have tried to bribe parents to have more kids and invariably all attempts have failed.

In the medium to long term future: Autonomous robot nannies and helpers would greatly help to reduce the burden of child care.

In the short term, providing a basic income for raising kids works in America. People on welfare had more kids. If China wanted to increase the birth rate, they could do this experiment in areas with low cost of living.

Going by the amount of youth unemployment, I suspect that the government isn't overly concerned yet with the demographic downturn.
 

Michaelsinodef

Senior Member
Registered Member
In the medium to long term future: Autonomous robot nannies and helpers would greatly help to reduce the burden of child care.

In the short term, providing a basic income for raising kids works in America. People on welfare had more kids. If China wanted to increase the birth rate, they could do this experiment in areas with low cost of living.

Going by the amount of youth unemployment, I suspect that the government isn't overly concerned yet with the demographic downturn.
The Chinese gov probably don't mind to much if population falls down to 1 billion or a 'bit' below.
As long as fertility can stabilize above 2 when that time comes (which does require investment, resources and attention).

But that is still like a multi decade process (likely 30-40+), so yea, long way ahead.

(don't be too stressed about things now)
 
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