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> All land in China is state-owned, and residents are typically offered a fraction of their home's original value in compensation.
by bpicolo 7y ago
> All land in China is state-owned, and residents are typically offered a fraction of their home's original value in compensation.
- deleted 7y ago[deleted]
- zachguo 7y agoThis is utterly false. They are usually compensated 3 times the market value. Simply ask common people in China, everybody wants their houses to be torn down by the government. Sometimes the government cannot afford it, that's why you may see a block of hutong or city-village in a fancy CBD.