Slums were not uncommon in Chinese cities a few decades ago, from the precarious working class districts of 1930s Shanghai to the shanty towns of British-occupied Hong Kong in the 1950s onwards. How did China manage to develop in a way that decreased mass housing precarity? What are the structural reasons behind it?
A big chunk of the dirt poor got to send their kids to university and secure real assets for their families while working an honest job.
The kind of job that pays for fuck all barely a life in the west.
Of course at the same time the rich got even richer. The crazy rich kind of stayed where they are.
Sadly there are still a lot of dirt poor families in China but within ten years the transformation has been breath taking. And these families now have a real chance.
What I have seen from 10 years living there:
A big chunk of the dirt poor got to send their kids to university and secure real assets for their families while working an honest job.
The kind of job that pays for fuck all barely a life in the west.
Of course at the same time the rich got even richer. The crazy rich kind of stayed where they are.
Sadly there are still a lot of dirt poor families in China but within ten years the transformation has been breath taking. And these families now have a real chance.