3 ms·
Because most Chinese people are in abject poverty and shouldn't even be considered a part of the market where those houses lie. The wealth-per-capita should be
by bordercases 8y ago
Because most Chinese people are in abject poverty and shouldn't even be considered a part of the market where those houses lie. The wealth-per-capita should be normalized to the population where it's actually concentrated, for which I've seen estimates circa ~100million.
- topspin 8y ago> Because most Chinese people are in abject poverty About half of Chinese are peasants, for lack of a better term. Is that 'abject poverty?' They're living primitive lives. I think applying the term 'abject poverty' may be a little inappropriate. Many enjoy a good bit of property, autonomy and are not living drastically foreshortened lives. > and shouldn't even be considered a part of the market where those houses lie ... should be normalized Yes, analysis of China is frequently misleading due to the vast peasant population. Unfortunately attempts to correct for this run into a very serious problem; the US CO2 per-capita figure ceases to be a multiple of China for hundreds of millions of Chinese. A highly undesirable result for a number of reasons. So don't expect that sort of analysis to become a thing any time soon.
- oblio 8y ago> are not living drastically foreshortened lives Compared to who?