Original Post
dollar

18-9-2011 11:30
How much to buy house in china

How much is it to buy a house in china? Do most people own a house in china or rent? For instance, in australia 64% people rent a house. What's it like in a populated country like china? What about populated cities like beijing? Anyone live in beijing own a house? whats the average price ?? Reading a recent article in global times got me thinking. An expert in China analyzed that one should pay at least 50,000 yuan for one each square meter house in Beijing in the coming 5 years. And he held that it is the rapidly increasing population that leads to the soar of the house prices, especially in big cities. However, those estate agents supposed that the house prices soar because the houses are in short supply. When asked about the actual house prices in Beijing, this expert replied that each square meter house would cost 7,000 yuan.

UsernameTimeCreditsReason
Petay_1283 18-9-2011 12:25 Acceptance +1 Are you serious?


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