I don’t know about that. Social media in the West has encouraged behaviors (greater outness of LGBT, advocacy for minorities, new subcultures like furries) that the CCP feels, at least in the Chinese context, would pose a risk to social stability and harmony.
China expends huge effort on keeping its citizens’ internet activity tightly censored and surveilled. Its authorities might even have preferred that the Chinese population did not have smartphones with unlimited internet and were instead kept more atomized, but the cat is already out of the bag and the internet is too important to the economy.
Do you really think CCP cares about housing affordability?
Either it's a war or roads to nowhere to keep their population busy.