The sky-high house prices are nothing new in China, especially in metropolitan areas like Beijing, Shanghai and Shenzhen, where houses in prime locations can fetch prices as high as those in London, New York and Tokyo...The sky-high house prices are nothing new in China, especially in metropolitan areas like Beijing, Shanghai and Shenzhen, where houses in prime locations can fetch prices as high as those in London, New York and Tokyo. People with an average monthly salary of between $400 and $500, the group most affected, face enormous pressure, both psychologically and financially, when required to repay bank loans on their new home. This has led to a new relationship where home-展开更多
文摘The sky-high house prices are nothing new in China, especially in metropolitan areas like Beijing, Shanghai and Shenzhen, where houses in prime locations can fetch prices as high as those in London, New York and Tokyo. People with an average monthly salary of between $400 and $500, the group most affected, face enormous pressure, both psychologically and financially, when required to repay bank loans on their new home. This has led to a new relationship where home-
