So many people don’t understand the difference between personal and private property.
But I heard the tankies are going to take my toothbrush away and give it to my neighbor!!!
We are gonna take the neighbor toothbrush too.
I’m a noob at this and I kind of dont understand. Could i still own a house or like a couple acres ? Or would there be no ownership?
Home ownership is a lot higher in currenntly existing socialist states than in their capitalist peers. Do what you will with that information.
Not in China, it’s kinda like Canada. You don’t own the land you lease it. It’s yours until the government deems it not.
Edit: because yall ignorant
In Canada, private property ownership is called fee simple. Legally, you own the exclusive right to live on, modify, sell, or pass down that land forever. However, the ultimate radical title sits with the Crown.
And the US? Try not paying property taxes on the land you “own” for a while and see how much you own that land compared to the government.
In China, the government can do the same to your house/land even if you pay all your “dues” timely.
So can most countries it’s called eminent domain
We dont own land in the US either, we are on a perpetual lease from the government. Stop making that yearly lease payment called property tax and the government will evict you from their property and steal your assets
