[jackb4040]

You're so conditioned against socialism that the only life plans you will consider are gambling your life's savings on a speculative asset, or working until you die. Not every country is constrained to these 2 options. Many of them would love for you to visit.

[ch4s3]

You'll note that I specified that China has no real broad pension system that can fund people in retirement and instead leans on the cultural norm of children taking care of their parents in old age. The (socialist) one child policy made this mathematically infeasible as 2 working adults now need to care for a child and 4 parents. The solution that Chinese people cleverly devised was to invest often at the behest of local party officials in property development, which aided in rural Chinese moving to cities, another CCP socialist policy. Then XI does a giant rug pull and attacks peoples' property/retirement savings.

Maybe look at the actual facts before trying to tun this into some dumb socialism vs not socialism argument.