上海的房市是变态 !!!
(2007-11-05 10:57:24)
下一个
http://sh.focus.cn/
From this website, I see the low end 100-200mm apt in JingAn districk rent is 6000/mon, comparable selling price is 2,750,000, give you an annual rent to price ration 2.6%.
I would say in U.S., the average annual rent / price ration 5-6%, looks like ShangHai price is 100% overpriced.
Given the Chinese/Asian culture difference, let\'s give it a 20% premium, still 30% overpriced.
No research on HongKon&Tokyo rent/sales ratio, any fellow cool headed RE investor has the info?