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> Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

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anon user #3
#1 Today 15:58:37

Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

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#2 Today 16:03:36

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

Clearly you need to move there immediately.

JesusGTFO.gif

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anon user #3
#3 Today 16:58:18

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

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Diarrhetrius Brown
#4 Today 18:49:56

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

AU3 is absolutely right on this!

When Trumpy left the mortgage rate was around 4%.

In 2019, 30-year fixed mortgage rates averaged around 3.9% to 4.1%

Mortgage rates in 2024 fluctuated, generally hovering in the mid-to-high 6% range for 30-year fixed loans, averaging around 6.7%.

Wow, under Trump the loan rate jumped from 4% to a staggering 6.7% from 2019 to 2024!

TRUMP did that!

Oh.... wait.... 2019 to 2024.... never mind.

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Diarrhetrius Brown
#5 Today 19:03:15

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

OK AU3 why not go this route?

AI Overview

China's Booming Housing Market Proves Impossible to Tame - WSJ

The average home in China is an apartment, typically 70-130 sq. meters (750-1400 sq. ft.) with 2-3 bedrooms, a kitchen, balcony, and small bathroom, though sizes vary greatly by city, with urban areas being smaller and more expensive than rural ones. Prices are high, especially in Tier 1 cities like Beijing and Shanghai, averaging around 16,000+ RMB (approx. $2,300+) per square meter for new homes in 2024/2025, with significant regional differences. 

Size & Layout
Average Size: Around 60-80 square meters (646-860 sq. ft.) in major cities, but can be smaller for individuals or larger for families.

Typical Features: Separate kitchens (due to smoke), at least one balcony, AC, often small bathrooms without tubs, and 2-3 bedrooms.

snip

Let's compare with a typical USA home:

As of late 2025, the average U.S. home price hovers around $500,000, with the median price near $410,000, though figures vary by source, while the typical home size is shrinking to around 2,200 square feet, down from its peak, driven by affordability issues and market shifts. Prices differ wildly by state, from costly Hawaii to affordable Mississippi, and "average" is skewed by expensive sales, making "median" a better indicator for typical buyers.

Note that the size of a US home is double that of a Chinese shyt shack.

Imagine your home with one bathroom that doesn't even have a bathtub.

How much could you build a 900 sq ft home for?

A 900-square-foot house is a compact but livable space, often configured as a 2-bedroom, 1-bath home or a 1-bedroom with a den/office, featuring open-concept living areas, efficient kitchens, and modern designs to maximize space for singles, couples, or small families. It's larger than a tiny home but offers a manageable size, balancing functionality with affordability and simplicity.

For the best home prices might I suggest a home in Somalia or Nigeria?

OK< you're comparing shyt to chocolate bars.

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Diarrhetrius Brown
#6 Today 19:07:21

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

A 900 sq ft house generally costs between $90,000 to $270,000+ to build, averaging around $100-$200+ per square foot, but this varies wildly by location, materials (basic vs. luxury), labor costs, site prep, and finishes, with some high-end builds exceeding $250k or $300k for just the structure, not including land. Expect the lower end for simple, budget-friendly builds and the higher end for custom finishes, complex designs, or high-cost areas like major cities.

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SamplesBoi
#7 Today 19:14:53

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

Nobody owns land in China.

China    0.0%
United States 65.9%

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#8 Today 20:58:13

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

Why hasn't the scumbag commie op left for china? wtf2

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Spanky
#9 Today 21:13:50

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

SamplesBoi wrote:

Nobody owns land in China.

China    0.0%
United States 65.9%

Who cares?

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#10 Today 21:38:26

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

Spanky wrote:

Who cares?

Obviously the raging psychotic libfilth scumbag op (who you adore) does. stewie

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Sockpuppet
#11 Today 21:40:59

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

wrote:

Obviously the raging psychotic libfilth scumbag op (who you adore) does. stewie

No. I mean about land. I don’t see anything special about owning the land your house sits on.

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#12 Today 22:00:55

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

Sockpuppet wrote:

No. I mean about land. I don’t see anything special about owning the land your house sits on.

I'll be selling my house next year after 12 years of "owning" my home. I should get $400k in cash equity after I sell. I'll have to pay off the realtor ($35k) and the loan against my house for my rental house ($80k) so I should have around $285k liquid after the sale. I'll probably pay off my truck ($30k) too.

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Diarrhetrius Brown
#13 Today 22:57:38

Re: Fact: You are more likely to be a homeowner in Communist China than Capitalist America.

First thing we need to do is learn to accept smaller houses and not the McMansions we see today.  Families today are much smaller than 75 years ago and a home between 900 sq ft and 1,200 sq ft with three small bedrooms and two baths sounds perfect.

To lower costs a law needs to be passed to totally prohibit property taxes on owner occupied homes. 

Florida's average effective property tax rate is approximately 0.79% of a home's assessed value, which is below the national average. However, rates vary significantly by county and local taxing authorities.

So if a home is valued at $300,000 property tax alone would be $2,370 or $197.00 a month.  Home ownership should be encouraged and not discouraged.

Bartlett (Cook County): 2.45%

Of course a $300,000 home in Florida would be valued at $800,000 in Bartlett where they have a 2.45% tax rate which would bring tax to $19,600 annually or $1,633 monthly.  This high tax rate is all Trump's fault!

Who pushes for the high tax rates? It's the rich property owners of apartments who want to trap young people to make rent payments forever making it impossible to buy a home.

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