Nobody “owns” land. Even under capitalism. If you think you do, stop paying the rent tax you pay the government in order to “own” that land and see what happens.
Point is, even if you “own” a house, if the government decides they want to confiscate it, they have a whole army to do it. All ownership is always at the mercy of the government. (More accurately, ownership is at the mercy of whoever has the monopoly on violence, since they can only take ownership through it.)
Just curious - what happens after that 70 years is up? I get to keep my property in perpetuity and pass it down generations as long as I pay my taxes. Is there any such guarantee in China?
Other than the set duration, all ownership is at the government’s pleasure everywhere. Luckily, in a lot of places governments serve at the pleasure of voters.
Is it fair to call a 70 year lease from the government “ownership”?
Nobody “owns” land. Even under capitalism. If you think you do, stop paying the
renttax you pay the government in order to “own” that land and see what happens.Point is, even if you “own” a house, if the government decides they want to confiscate it, they have a whole army to do it. All ownership is always at the mercy of the government. (More accurately, ownership is at the mercy of whoever has the monopoly on violence, since they can only take ownership through it.)
“…if the government decides they want to confiscate it, they have a whole army to do it.”
This feels pretty random to include. Did I miss something? Has the army been kicking people out of homes lately?
Just curious - what happens after that 70 years is up? I get to keep my property in perpetuity and pass it down generations as long as I pay my taxes. Is there any such guarantee in China?
Other than the set duration, all ownership is at the government’s pleasure everywhere. Luckily, in a lot of places governments serve at the pleasure of voters.
Yeah China should definitely not be on this list.
Looking forward to the bot account’s mental gymnastics to tell me why I’m wrong
Right? I call BS that 90% of China’s 1.4+ billion people, own their homes.
🤡