• sunbytes@lemmy.world
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    3 hours ago

    The housing situation is notably better though. They’ve got some good ideas (also the high speed rail).

    All (or a lot of) the apartments in cities are leased from the government for 99 years.

    And so the prices are incredibly reasonable for an average living space. No greedy layers of middlemen trying to suck passive income out of you.

    I’m sure there’s examples of where it’s bad, but from what I’ve seen, their housing situation is pretty enviable.

    • Petter1@discuss.tchncs.de
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      2 hours ago

      They have entire cities with empty houses if I remember correctly, and the ultra high speed rail is immensely inefficient as air resistance is raising in square proportionally to speed

      I think building houses that will never be used as similar bad as to less housing…