Linked by Thom Holwerda on Fri 2nd Dec 2011 22:43 UTC
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You can have a private real estate bubble alongside a social housing projects. The one does not exclude the other. This is what China is, a hybrid economy.
And no socialism still exist there. Millions of people live in subsided government flats there. Saw a documentary on it not long ago.
And no socialism still exist there. Millions of people live in subsided government flats there. Saw a documentary on it not long ago.
LOL "subsided houses"..meant "subsidised houses"




Member since:
2010-08-06
You can have a private real estate bubble alongside a social housing projects. The one does not exclude the other. This is what China is, a hybrid economy.
And no socialism still exist there. Millions of people live in subsided government flats there. Saw a documentary on it not long ago.