Re:Evergrande has defaulted on its debt, Fitch Ratings says
by daoismyname on Thursday December 09, 2021 @09:31AM
(#29497706)
I think it's the opposite.
If the majority of population lives in rural areas, the prices of big cities have a major impact on the average, skewing it.
But actually people living in the big cities can afford housing more than a person with "rural area" salary can afford the average price, even though they are most likely able to afford the much lower prices in their area.
If the majority of population lives in rural areas, the prices of big cities have a major impact on the average, skewing it.
But actually people living in the big cities can afford housing more than a person with "rural area" salary can afford the average price, even though they are most likely able to afford the much lower prices in their area.