• bridgeenjoyer@sh.itjust.works
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    1 month ago

    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?

    • balsoft@lemmy.ml
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      1 month ago

      Home ownership is a lot higher in currenntly existing socialist states than in their capitalist peers. Do what you will with that information.

    • beejboytyson@lemmy.world
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      1 month ago

      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.

      • Donkter@lemmy.world
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        1 month ago

        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.