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Keyword: mortgageprotests

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  • Chinese Communist Party Censors Can't Keep a Lid on Growing Mortgage Protests

    07/22/2022 8:18:49 AM PDT · by SeekAndFind · 15 replies
    PJ Media ^ | 07/22/2022 | Rick Moran
    You have to give those Chinese Communist censors their props. One of the most popular topics on Chinese social media sites doesn’t exist according to the censors, and they’re bound and determined to keep it that way.The topic is #stopmortgagepayments and refers to the growing boycott by homeowners who are refusing to pay mortgages on homes that were presold to buyers. The homes have not been completed for a variety of reasons, and the eminently practical Chinese don’t see why they should be paying for a house that doesn’t exist.Home buying in China is a little different from what it...