> If you aren’t buying a house, you wouldn’t even notice.

I can't think of anyone I know that did not want to buy a house. It's a prerequisite for getting married. It's a prerequisite for having your kids get married. It's an investment vehicle. It's a store of value. It's all everyone talks about. Besides, rents have been going up everywhere.

> but wealth has been so concentrated that the number of losers will also be

These would-be losers are communist party bosses. I'm sure the peasants will feel the pain, not the bosses

> Xi isn’t really a dictator yet

https://qz.com/1112527/chinas-19th-party-congress-how-xi-jin...

https://www.economist.com/news/china/21590499-chinas-preside...