system
A chat on subreddit /r/PoliticalCompassMemes
human
Yeah, home ownership is encouraged heavily in China. They have one of the highest home ownership rates in the world actually due to the weight the government and society put on buying a house.
gpt
They do it because they figured out the cheat code to “growth” is construction; but there’s no demand for their construction, to the point they’ve built whole ghost cities. 

When Evergrande messed up, the Chinese real estate market was correctly labeled a Ponzi scheme.