Re:The Great American Single-Family Home Problem
by onlyrealcuzzo on Saturday December 02, 2017 @12:40PM
(#15832983)
Um, isn't the average cost of a house in any major Chinese city MORE expensive than in the US?
A typical two bedroom in Shanghai is $870k [1]. Homes in Chongqing China are more expensive than in Columbus Ohio [2] -- yet wages are about 1/5th ($9k/yr in Chongqing vs $46k/yr in Columbus) [3]
A typical two bedroom in Shanghai is $870k [1]. Homes in Chongqing China are more expensive than in Columbus Ohio [2] -- yet wages are about 1/5th ($9k/yr in Chongqing vs $46k/yr in Columbus) [3]
[1] http://fortune.com/2017/07/18/china-beijing-property-housing...
[2] https://www.numbeo.com/cost-of-living/compare_cities.jsp?cou...
[3] https://www.statista.com/statistics/278350/average-annual-sa...