this post was submitted on 29 Apr 2026
88 points (100.0% liked)

traingang

23046 readers
64 users here now

Post as many train pictures as possible.

All about urbanism and transportation, including freight transportation.

Home of train gang

:arm-L::train-shining::arm-R:

Talk about supply chain issues here!

List of cool books and videos about urbanism, transit, and other cool things

Titles must be informative. Please do not title your post "lmao" or use the tired "_____ challenge" format.

Archive links for reactionary sites, including the BBC.

LANDLORDS COWER IN FEAR OF MAOTRAIN

"that train pic is too powerful lmao" - u/Cadende

founded 6 years ago
MODERATORS
 
all 19 comments
sorted by: hot top controversial new old
[–] Damarcusart@hexbear.net 33 points 4 months ago (2 children)

Housing prices in China are lower than they were in 2006? That's incredible if true, but I'd be very (pleasantly) surprised it would've gotten that low so quickly. I guess real estate prices are largely made up beyond price of construction, so it wouldn't be hard to lower it if that was your actual goal. It's almost like the west's real estate bubble is entirely manufactured so the rich can profit more off of everyone else or something.

[–] WhatDoYouMeanPodcast@hexbear.net 19 points 4 months ago* (last edited 4 months ago)

Housing prices should be decided by size, amenities, Internet speed, distance from the train station, distance from a 7/11, and distance from a nice takeout restaurant where a kind, portly old man with hairy forearms calls you boss. I think Marx said that after the whole coat thing.

[–] SchillMenaker@hexbear.net 7 points 4 months ago* (last edited 4 months ago)

They're using real prices. I don't know about China but we've had so much inflation in the US since the 2000s that I wouldn't be surprised if our real prices look similar.

Edit: Out of curiosity I looked it up and (admittedly only from the first chart I found) the US real home prices fell so far after the financial crisis that they didn't recover to 2006 levels until around 2022. Our chart looks very much like this one except flipped upside down.

[–] invalidusernamelol@hexbear.net 29 points 4 months ago (1 children)

This was entirely intentional though?

[–] TheSpectreOfGay@hexbear.net 25 points 4 months ago (1 children)

yes, but think of those poor poor investors

[–] Krem@hexbear.net 24 points 4 months ago

meanwhile, house prices in the bastion of freedom called Taiwan: stonks-up border-arc-quad-4 while salaries border-middle-horizontal

[–] barrbaric@hexbear.net 22 points 4 months ago

If someone lowers prices in my city to 2006 levels I'll do whatever they want.

[–] WhatDoYouMeanPodcast@hexbear.net 21 points 4 months ago

Guy who doesn't produce anything: "Actually, things that are rare are a good thing to base your economy on"

[–] EdlritchEconomics@hexbear.net 17 points 4 months ago

oh fuck the line isn't going up

[–] culpritus@hexbear.net 16 points 4 months ago
[–] FuckyWucky@hexbear.net 16 points 4 months ago* (last edited 4 months ago)

I can only say this is definitely good if the Government writes down debt burden of existing and new mortgage holders in line with market rates.

[–] Ildsaye@hexbear.net 15 points 4 months ago (1 children)
[–] DragonBallZinn@hexbear.net 6 points 4 months ago

capitalist-laugh: “Ha! Look at the silly brown people! They built homes for actually living in! What about the property valyooz?!?”

[–] peeonyou@hexbear.net 13 points 4 months ago
[–] Le_Wokisme@hexbear.net 9 points 4 months ago

me too, real-estate market, me too.

"the housing market crashes" lmao you mean houses finally become affordable again?