this post was submitted on 29 Mar 2026
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[โ€“] btsax@reddthat.com 1 points 6 days ago (1 children)

All property is owned by the state.

In the US too, if unpaid property taxes mean your home can be foreclosed upon

I think China's view on property ownership has it's advantages. Since nearly every piece of land in the US is private property, building infrastructure as simple as bike paths and railroads are a nightmare.

...I guess the government could use foreclosures and eminent domain to get similar results, it's not as consistent.