Re:How Reverse Game Theory Could Solve the Housing Shortage
by bpt3 on Monday March 30, 2026 @05:14PM
(#47579775)
Why is the cost in 2010 the maximum limit for affordability? Chinese household income has (supposedly) increased significantly over that time.
Re:How Reverse Game Theory Could Solve the Housing Shortage
by Tade0 on Tuesday March 31, 2026 @03:45AM
(#47584000)
The price to income ratio is actually more damning:
https://en.macromicro.me/series/5433/china-housing-price-to-...
Considering the absolute number houses in China were not affordable at any point in recent history.
2010 is often cited as a reference point, most likely because it's when the Chinese stock market started experiencing a slump despite the initial post-2008 recovery, so investments shifted into real estate:
https://www.macrotrends.net/2592/shanghai-composite-index-ch...
That is what, 15 years and counting of waiting for the market to return to affordability despite using more concrete every 2-3 years throughout this time than the US did in the entire 20th century?
To quote Kimberly Wilkins: ain't nobody got time for that
Now, inevitably, the pendulum went the other direction - people lost money and companies went bankrupt.
You can't play fast and loose like that with such a basic need as housing.