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The Bridge to China
Would you buy a house with a friend?
Mar 18, 2024
Exploring the trend of joint home purchases, risks of buying property with friends, and considerations for time share ownership. The podcast dives into financial and credit risks of joint house ownership, challenges of purchasing a house with a friend, and the attire choices of wealthy individuals.
55:33
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Quick takeaways
- Joint home ownership is on the rise due to skyrocketing housing costs.
- China boasts high homeownership rates, reflecting cultural norms and investment trends.
Deep dives
China's Millennials Lead Home Ownership
In China, 70% of millennials own their own homes, whether with or without a mortgage, while in the United States, only 35% of millennials own their own homes. This high percentage of home ownership in China reflects a cultural norm where owning a home is a significant achievement for young individuals.
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AI-powered
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Listen to all your favourite podcasts with AI-powered features
Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode