Tuesday, Mar 02, 2010
Home-Owner-Ism, Chinese style...
BBC: China editorials call for end to residency permit rules
Over here, the "haves" (who own a home) like to shut out the "have nots" (via planning restrictions, reductions in property taxes, mortgage subsidies etc all funded by taxes on productive economy). Over in P R China they are a bit more blatant about it: "The hukou system registers every Chinese citizen according to their household origins as either town dwellers or country peasants... Since economic reforms began 30 years ago, many Chinese migrant workers have left the land to contribute to the country's rapid growth and industrialisation. But they remain registered as rural dwellers and are not entitled to the same welfare as their city counterparts."
1 Comment
- If you do not have an admin password leave the password field blank.
- If you would like to request a password allowing you to add comments and blog news articles without needing each one approved manually, send an e-mail to the webmaster.
- Your email address is required so we can verify that the comment is genuine. It will not be posted anywhere on the site, will be stored confidentially by us and never given out to any third party.
- Please note that any viewpoints published here as comments are user's views and not the views of HousePriceCrash.co.uk.
- Please adhere to the Guidelines
1. Grizzly Bear said...
This sounds suspiciously like the unfair Settlement Act, mentioned in "The Wealth of Nations" by Adam Smith.