By Rosealea Yao and Tom Miller
Rosealea Yao is Dragonomics’ research manager and a guest contributor to Dragonbeat blog this week
Just how expensive are Chinese homes?
The standard measure of housing affordability compares average house prices with average household incomes. In developed country markets, prices are generally considered expensive if they exceed four times average annual household [...]
What’s behind China’s skyrocketing residential property market? Subsidies … subsidies … subsidies
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