Folks, let me tell you something. Can you really call a house 'wealth'? It's a question that makes you think, especially when you look at China's property rights that only last for 70 years and a lifespan of only 40 years. You see those old houses in the city center, people say they're 'run down', but they're probably just exaggerating. Some say it's got 'taste', but it's just a cement box. And yet, it's worth over 5 million? I mean, come on. Look at those houses in Europe and America. They've got front lawns and backyards, private property rights, and all the modern furniture you need. Speaking of which, wealth has two traits. One is private ownership, which means it's always yours. The other is liquidity, which means you can cash it out anytime. But it seems like China's houses don't have either of those traits. Sad!

Are Chinese Houses Really Wealth? Let's Talk About Cement Boxes

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