Re:China May Have $5.8T in Hidden Debt with ‘Titanic’ Risks
by megaman8 on Thursday October 18, 2018 @12:26PM
(#18249663)
yes, but functionaly it's the same thing. "Ownership" in other countries is just a legal construct. It's not like you can do whatever you want with it. There are countless rules and regulations you must follow - you can't build on it or touch in anyway without getting permits and your "property" can be confiscated if you don't pay taxes on it. So, I would argue no property rights with 0 property taxes is more like true ownership.
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