Similarly, some will
point to high levels of inflation, but breaking China inflation down into food, non food and housing (see chart below; white line - food, orange line - non food, yellow line - rents), a
big part of non-food makes it
pretty clear that food is beginning to
turn for its own reasons, while house prices and rents really are falling out of bed.
While these examples might all seem like niche use cases, it
turns out they're
pretty big and important niches that solve some real pain
points for many people across the world.