Is a House Important? Absolutely

After ten years of renting, one person finally reached this conclusion: as the family grows, owning a home becomes an absolute necessity.

One key point about buying a house: if your area has affordable housing, it’s typically sold at government-guided prices and is much cheaper. You may also be able to buy out the government’s share later to obtain full ownership. (But the paperwork is tedious—you’ll need documents proving you’re poor, because in China, even if you’re broke, you aren’t considered poor unless you can produce the right paperwork.)

How to Prove You’re Poor

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