Inflation-adjusted home prices in China have fallen below where they started two decades ago, and the fiscal fallout is hitting local governments even harder than developers.
I edited my previous comment, so I will copy the relevant part to answer your second question.
Since according to you, inflation should be tied to housing prices, but is irrelevant to wages, you just said “fuck the workers,” by logical extension.
As far as you saying that San Francisco is the only city in America, you did that with your hyperbolic statement that indicated that you think that San Francisco is the only place that is unaffordable.
I edited my previous comment, so I will copy the relevant part to answer your second question.
Since according to you, inflation should be tied to housing prices, but is irrelevant to wages, you just said “fuck the workers,” by logical extension.
As far as you saying that San Francisco is the only city in America, you did that with your hyperbolic statement that indicated that you think that San Francisco is the only place that is unaffordable.
You clearly have a reading comprehension problem or you’re just being a troll either way I’m done with this conversation.