If they're buying these from capitalists then I hope they pay less for then than was paid originally so as to transfer some of that wealth to the deserving proletariat...
this post was submitted on 18 May 2024
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Since housing prices are down, I think they will. Although the point of the move was to help the profitable but insolvent developers get some cash flow and complete their existing projects.
If only my mexican gov't were as based as China's, we will have done something similar. However, thanks to this news, I can now dream of an alternative.