Shanghai Property Bubble - China

May 2010

Whilst China woos investors at the Shanghai Expo, residents are abandoning the city in search of more affordable housing. Shanghai is rapidly becoming one of the most expensive cities to buy property in the world.

Category:

News & Politics

Tags:

• china
• shanghai
• housing
• prices
• pricing
• property
• journeyman
• pictures
• news
• documentary
• current affairs
• journeyman pictures

[ChristopherAdderley]

When that Chinese Estate agent said, "they are seen as a good investment.. and they are. Compared to stocks or investing in gold which are both subject to variations, the value of housing has been rising for years".. this sounded almost exactly the same line the estate agents have been using here for years... sounds all too familiar.. Even if its being translated from Chinese..

[LikeMindedIncident]

Is there ever any blue sky in China?

[chinasweetbaby]

the woman looks so ugly and old for this guy

[chillimocha]

No, just smoke, dirt and other filth. If you come from somewhere outside of China the first thing you notice is the difficulty breathing. Most mainland Chinese don't know any different, they are born into it. What's really scary is if you cough up mucous from your chest, or blow your nose and see all the black grime that you have been breathing in. The whole place is just a filthy garbage dump. Mainland Chinese are so 'proud', they look at their cities as achievements, they are just garbage dump

[dlh127kor]

What a dump!

[giriisindahouse]

@kalloggs40 perhaps your never heard of something called 'traffic in China'. Western traffic is nothing close to traffic in China.

[edwardwills]

4:00 mark that guy was scaring me what he was saying.

[kalloggs40]

an hour from shanghai and they dont want to move? here in sydney australia, everybody sits in there cars for over an hour!!!! buy it idiots

[juanlmesl]

then stay in your little shit hole them. oh i cant affort this or that.

[lamanchadale]

50% of Chinese workers are paid less than $2 per day. What can they afford to live in? Why is China building housing that no one can afford to buy? If electrical engineers (I am one) cannot afford to buy a home there, who can?

[jvolstad]

Realtors are the same throughout the world. Scumbags!

[whiteboygotswagg]

@LikeMindedIncident China has the best weather in the world dont believe me look it up