China’s housing: It Doesn’t Have to be This Way

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In this week's edition of The Hudson Report, Paul Sliker speaks with Michael Hudson about the state of housing in the U.S. vs. China, why unaffordable housing is not a part of true nature, and why the self-supporting class of millennials can't afford to buy homes. "Housing is a very good investment if you have millionaire parents." - Michael Hudson THE HUDSON REPORT: US vs China housing…and those millennials Paul Sliker: Michael Hudson welcome back to The Hudson Report. Michael Hudson: It's good to be back. I'm just home from China, getting over jetlag. Paul Sliker: You recently gave a paper at Peking University about the economy and what sorts of policies they should implement and what to avoid. But Michael, because we only have a short amount of time in these ...