My family had a factory in Chengdu with a 50 year lease + a 50 year option.
A few years in they decided they wanted to expand the road and cut my family’s factory in half. The warehouse was literally butt up against the highway. Then a few years after they completed the road they decided to expand it again and took the entire land it was sitting on.
They gave us a tiny fraction on justthe land we “owned”. Not even accounting for the upgrades and improvements made to the facilities. We also lost all the bribe money we had to pay to buy this factory in the first place.
They completely ruined my family and our investment. It’s been 20 years and we still haven’t fully recovered.
Boohoo China has a 90% home ownership rate. Their system is literally working properly because you failed at becoming a landlord and have to get a real job.
The continued concentration camps, forced eviction from your property without compensation, planned starvation, and planned chemical attacks against Native Americans to create “natural” park wo[u]ld like a word with you.
So let me get this straight, your family bribed your way into owning a factory and you want sympathy because you had to give it up? Meanwhile, in the US, the supreme court is going to be ruling on whether states can fine people for sleeping outdoors, while homelessness gets worse. It might be the case that had your family done the same in the US, you’d still have that factory and be wealthy too. That’s not a good thing. The dictatorship of capital in the US comes at the cost of everyone else.
Pssshhh. Keep drinking the Kool aid.
My family had a factory in Chengdu with a 50 year lease + a 50 year option.
A few years in they decided they wanted to expand the road and cut my family’s factory in half. The warehouse was literally butt up against the highway. Then a few years after they completed the road they decided to expand it again and took the entire land it was sitting on.
They gave us a tiny fraction on justthe land we “owned”. Not even accounting for the upgrades and improvements made to the facilities. We also lost all the bribe money we had to pay to buy this factory in the first place.
They completely ruined my family and our investment. It’s been 20 years and we still haven’t fully recovered.
How can you type this with a straight face holy shit
Have you purchased a factory in China before? It’s a requirement. Not an option.
Boohoo China has a 90% home ownership rate. Their system is literally working properly because you failed at becoming a landlord and have to get a real job.
Nobody in America has ever had their home taken by the government to build a highway /s
The continued concentration camps, forced eviction from your property without compensation, planned starvation, and planned chemical attacks against Native Americans to create “natural” park wo[u]ld like a word with you.
Sounds like you got what you deserved.
So let me get this straight, your family bribed your way into owning a factory and you want sympathy because you had to give it up? Meanwhile, in the US, the supreme court is going to be ruling on whether states can fine people for sleeping outdoors, while homelessness gets worse. It might be the case that had your family done the same in the US, you’d still have that factory and be wealthy too. That’s not a good thing. The dictatorship of capital in the US comes at the cost of everyone else.
In the US, cities have been known to bulldoze homeless encampments: https://www.vice.com/en/article/5db7qb/dc-bulldozed-a-homeless-persons-tent-while-they-were-still-inside
And you’re saying “China bad, US good” because you lost control of a factory.
Have you purchased a factory in China before. It’s not an option.