
China's Housing Middle Class
Home ownership plays a significant role in locating the middle class in most western societies, associated with market, consumerism, democracy and “people like usâ€, the significant features of the middle class for any society. In China, private home ownership was not the norm from 1949, when the Chinese Communist Party took power, until the 1990s. In the past three decades, however, there h...
Home ownership plays a significant role in locating the middle class in most western societies, associated with market, consumerism, democracy and “people like usâ€, the significant features of the middle class for any society. In China, private home ownership was not the norm from 1949, when the Chinese Communist Party took power, until the 1990s. In the past three decades, however, there h...
