Compared with foreign developed cities, housing prices in the four places of going north to Shenzhen and Hong Kong ranked in the top 10.
There is a difference between houses at home and abroad, that is, shared area. China’s commercial housing has a shared area, while foreign commercial housing does not have this concept, which leads to the use area of China’s commercial housing is only 80% of that of foreign countries. In other words, a house with more than 80 square meters abroad is equivalent to 100 square meters in China.
If the same area is calculated, the real housing prices in Beijing, Shenzhen and Shanghai are 150126 yuan / square meter, 142968 yuan / square meter and 141008 yuan / square meter respectively. This level has exceeded New York, London, Paris, Tokyo city and so on, only inferior to Hongkong.
So, how long does it take ordinary residents to start the real estate in first tier cities?
According to media data, Hong Kong ranks first with 47.36, and the house price income ratios of Beijing, Shanghai and Shenzhen are 44.35, 43.96 and 40.14 respectively. In other words, the housing prices in China’s core cities can only be affordable for ordinary people if they don’t eat or drink for more than 40 years.
If the shared area is deducted, this figure will become larger. North, Shanghai and Shenzhen reached 63.36, 62.8 and 57.34 respectively, far exceeding Hong Kong and becoming the city with the highest burden of buying a house in the world. In other words, in Beijing and Shanghai, ordinary people have to eat or drink for 63 years to buy a suite.
Expensive house prices limit the development of many businesses. For example, Chinese people don’t want to have children.
如果按照同等面积来计算，北京、深圳和上海中心区，真实房价分别为150126元 /平方米、142968元 /平方米和141008元 /平方米，这个水平，已经超过纽约、伦敦、巴黎、东京等城市，仅次于香港。