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Sounds made up .. how do you explain nail houses in China? https://www.theguardian.com/cities/gallery/2014/apr/15/china-nail-houses-in-pictures-property-develo
by defrost 2y ago
Sounds made up .. how do you explain nail houses in China?
https://www.theguardian.com/cities/gallery/2014/apr/15/china-nail-houses-in-pictures-property-development https://www.theguardian.com/cities/gallery/2014/apr/15/china...
Maybe take the BS elsewhere?
- gruez 2y agoPlease do some research before accusing people of "BS". >In general, rural collectives own agricultural land and the state owns urban land. However, Article 70 of The Property Law allows for ownership of exclusive parts within an apartment building, which endorses the individual ownership of apartments. https://en.wikipedia.org/wiki/Property_law_in_China https://en.wikipedia.org/wiki/Property_law_in_China >Individuals cannot privately own land in China but may obtain transferrable land-use rights for a number of years for a fee. https://maint.loc.gov/law/help/real-property-law/china-real-property-law.pdf https://maint.loc.gov/law/help/real-property-law/china-real-...
- defrost 2y agoRural collectives own agricultural land is not "government ownership of all land" which you asserted to be true. Moreover, the devil's in the details: ( In China, your maint.loc.gov ) According to the 2007 Property Rights Law, when the term for the right to use land for residential purposes expires, the term will be automatically renewed Which means that residential land use rights persist, as they do in the US, and while mineral rights remain with the state it's not the case that all land ownership in the US comes with mineral rights, these may have been signed awy by prior owners or retained by the State or Federal Government whe first transferred. Both countries are more complicated than you sweepingly make things out to be.
- donavanm 2y agoThis is pretty basic knowledge, there is only State and Collective owned land in the PRC. Individuals can only obtain _leases_ of State owned land. Property rights of _buildings_ are distinct, but will generally follow land title/lease. https://english.www.gov.cn/services/investment/2014/08/23/content_281474982978047.htm https://english.www.gov.cn/services/investment/2014/08/23/co...
- defrost 2y agoCollective ownership isn't State or Government Ownershaip (negating the "all land" part) and in China "State Ownership" is an underlying ownership that doesn't carry the weight of immediate direct ownership, hence nail houses where individual lease holding rights that are automatically renewed trump the underlying state ownership. Point being, it's not as simple as it's made out to be and it's not dissimilar to many other countries that have a notion of underlying ownership, seperation of surface and mineral rights, cave outs for eminant domain, etc. In this specific context it's not especially clear what the GP's "how's that working out for them" is meant to convey.