China Grave Bubble
I cannot afford to buy a house while I’m alive and now cannot afford to buy a grave for when I’m dead.
The soaring price of land in China is spreading to burial plots which now can cost more per square foot than luxury homes. And here:
Some Chinese call themselves fen nu (grave slaves), derived from fang nu (housing slaves) – those burdened with huge housing mortgages.
Hat tip: Helen Yang.