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A comment on China’s property giant Evergrande files for bankruptcy protection in Manhattan. Parent comment

Re:China’s property giant Evergrande files for bankruptcy pr... by bufferoverflow on Friday August 18, 2023 @02:48AM (#37172117)
Housing can't be inflated and unaffordable at the same time. Someone is buying properties, driving prices higher. Those someone can definitely afford housing.
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Re:China’s property giant Evergrande files for bankruptcy pr... by matkoniecz on Friday August 18, 2023 @03:05AM (#37172229)
> Those someone can definitely afford housing.

By "unaffordable" people mean that median person/poor person has problem with paying for housing. Not that no one at all can afford it.

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Re:China’s property giant Evergrande files for bankruptcy pr... by bufferoverflow on Friday August 18, 2023 @03:51AM (#37172522)
65.8% of Americans own a home as of 2022. Which covers the median person and some below that.
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Re:China’s property giant Evergrande files for bankruptcy pr... by FpUser on Friday August 18, 2023 @02:51AM (#37172139)
They also can handle $100,000,000 boats. I am so happy for those poor souls
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Re:China’s property giant Evergrande files for bankruptcy pr... by Cipater on Friday August 18, 2023 @08:20AM (#37174646)
The word "affordable" means "not expensive".
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Re:China’s property giant Evergrande files for bankruptcy pr... by pseudosavant on Friday August 18, 2023 @11:42PM (#37185280)
Inflated by investors buying to turn them into rentals that are unaffordable.
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