I’ve literally addressed this already above. Your links are not showing that home ownership is falling off, they’re showing that people are buying less homes now. Which is something you’d expect to be the case when most people already own a home. The only people buying homes now are the ones investing in them as secondary properties. It’s incredible that you can’t wrap your head around this.
Wait I linked mortgage values didn’t I, in response to the BS about them owning their homes without mortgages.
Here’s some proof showing home ownership falling off;
https://tradingeconomics.com/china/new-home-sales
https://www.reuters.com/world/china/chinas-home-sales-during-new-year-holiday-fall-26-compared-with-2023-2024-01-02/
https://amp.cnn.com/cnn/2023/08/01/economy/china-real-estate-country-garden-intl-hnk/index.html
Etc etc
I’ve literally addressed this already above. Your links are not showing that home ownership is falling off, they’re showing that people are buying less homes now. Which is something you’d expect to be the case when most people already own a home. The only people buying homes now are the ones investing in them as secondary properties. It’s incredible that you can’t wrap your head around this.