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.


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