Re:Chinese Netizen Fined over 1M Yuan for Using VPN
by somat on Friday October 06, 2023 @04:37AM
(#37788381)
A question on the ownership of property in china and how it relates to the "nail" houses often seen in pictures.
While I am sure real property ownership is weaker in china, The propaganda is I assume based on a exaggerated version of the truth. I also have never seen a public works project held up so dramatically by a single reluctant owner. Usually the government will claim eminent domain and poof, there go all your so called real property ownership rights, up in smoke.
Re:Chinese Netizen Fined over 1M Yuan for Using VPN
by spacebanana7 on Friday October 06, 2023 @05:30AM
(#37788682)
My concern with Chinese property rights is the nature of the land use right rather than the respect those rights receive for from the government.
For example instead of buying a house in China, people obtain residential land use rights from the local authority for a period of up to 70 years [1]. AFAIK this translates to a 70 year leasehold contract in British, which isn't that much. It's very possible, in theory, to 'purchase' a house in China and have be unable to live in it within your lifetime.
To list a few examples - urban property cannot be owned outright by any non-state entity, Chinese citizens are heavily restricted from investing overseas, and foreign investment/media consumption is also limited.