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the prices you've heard about are the top of the top. In many other cities in China, you can get much much cheaper housing. I know a family that just bought a
by megaman8 8y ago
the prices you've heard about are the top of the top. In many other cities in China, you can get much much cheaper housing. I know a family that just bought a 1500 sq ft, 3 bedroom apartment at the top of a skyscraper for a mere (100K in US dollars) - in Yuans of course. And, there are far more remote areas that are much cheaper than that.
- Svexax 8y agoTo add to this, 30 million Chinese actually live in caves. That’s got to have an effect on the mean. http://articles.latimes.com/2012/mar/18/world/la-fg-china-caves-20120318 http://articles.latimes.com/2012/mar/18/world/la-fg-china-ca...
- aurailious 8y agoLiving in China can be massively different, that's crazy.
- onlyrealcuzzo 8y ago30 million!? Hot damn! That's like the entire state of Texas!!
- igravious 8y agohttps://www.voanews.com/a/number-of-homeless-in-america-rises/4152986.html https://www.voanews.com/a/number-of-homeless-in-america-rise... “The U.S. Department of Housing and Urban Development released its annual Point in Time count Wednesday, a report that showed nearly 554,000 homeless people across the country during local tallies conducted in January. That figure is up nearly 1 percent from 2016. Of that total, 193,000 people had no access to nightly shelter and instead were staying in vehicles, tents, on the streets and other places considered uninhabitable. The unsheltered figure is up by more than 9 percent compared with two years ago.” (To scale, that would be 2.5 million homeless in China which has roughly similar figures: https://en.wikipedia.org/wiki/Homelessness_in_China https://en.wikipedia.org/wiki/Homelessness_in_China). Would you prefer to live in a tent on land you didn't own or in a cave dwelling you did? This is what a cave dwelling is: https://en.wikipedia.org/wiki/Yaodong https://en.wikipedia.org/wiki/Yaodong From the article you posted it says, “The thriving market around Yanan means a cave with three rooms and a bathroom (a total of 750 square feet) can be advertised for sale at $46,000.” I have been to Granada in Spain where they have similar dwellings carved into the hill-sides: https://en.wikipedia.org/wiki/Sacromonte#Origin_of_the_caves https://en.wikipedia.org/wiki/Sacromonte#Origin_of_the_caves I imagine that cave dwelling is a thing in many parts of the world and, though traditional, it should probably not be confused with destitution. “In the last decade, yaodongs have been brought to the attention of scientists and researchers. These traditional dwellings have been regarded as an example of sustainable design.”