At the end of the day - prices need to be supported by incomes (buyers or renter... | Hacker News

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		onlyrealcuzzo on Jan 29, 2024 \| parent \| context \| favorite \| on: Real estate giant China Evergrande will be liquida... At the end of the day - prices need to be supported by incomes (buyers or renters) or magic beans.

lmm on Jan 30, 2024 [–]

Sure. But the median Chinese income tells you very little about the distribution of Chinese incomes.

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