>We don't say China moved ahead because the rich got richer, but because it lifted hundred of millions from poverty.
I was under the impression the poor in China moved ahead due to working, not because the Chinese government subsidized their housing or other basics. Although, the Chinese government did subsidize their ability to find and get to work via huge infrastructure projects.
China has always had planned housing welfare, it was the only way of building houses for decades.
Liberalized housing started in the 90s along the rest, but planned housing projects have kept existing and had huge budgets till the late 2010s. Even today around one in twenty development housing projects is still state funded.
Anyway, I was mostly talking about them as a society lifting more and more of the weakest. And yes, building houses has been a major contributor of this obviously as well as a stimulus for the economy.
I was under the impression the poor in China moved ahead due to working, not because the Chinese government subsidized their housing or other basics. Although, the Chinese government did subsidize their ability to find and get to work via huge infrastructure projects.