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house price, jumping or down??? [Copy link] 中文

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Post time 2006-12-11 14:18:47 |Display all floors
have a house is many people's essential requirement...

but now its will become daydream of us...

house price jumping and jumping...

for example: the price in shenzhen is over 10,000 RMB square metre...and as a common white collar, monthly pay about 4k, except essential living cost, how long they will be a house in shenzhen...

our government try many methods to make the house price stablely, you know, it's stable. not come down, but effect is not good, many cities' price is jumping beyond double in two years...and we have difference view for price::)

someone expect price coming down, for habitation is essential qualification for humans..

someone worry about if house price is down, maybe effect economic for china or whole world..

how about you....

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Post time 2006-12-11 14:22:04 |Display all floors
Originally posted by sexlion at 2006-12-11 14:18
have a house is many people's essential requirement...

but now its will become daydream of us...

house price jumping and jumping...

for example: the price in shenzhen is over 10,0 ...


WHEN more people   HAVE Money, it ill GO UP!!!

When recession , it goes DOWN!!!

So what period is China in???

Smart people buy at DOWNTURNS!!!
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2006-12-11 14:37:11 |Display all floors

you are smart

Originally posted by caringhk at 2006-12-11 14:22


WHEN more people   HAVE Money, it ill GO UP!!!

When recession , it goes DOWN!!!

So what period is China in???

Smart people buy at DOWNTURNS!!!



I support your point for china's economic is jumping, but the realistic is common people are not so rich to  burden nowadays price...

I heard many people must  borrow more for his  first pay, and their living quality is bad and bad, we called "house serf"lol

and many people list their per month earning and living, the topic is such as :

annual salary 100,000, the embarrassed life in shanghai(shenzhen)...

anyway, you are smart...

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Post time 2006-12-11 14:44:52 |Display all floors

the report in may 2006

[Shenzhen] House price exceeds RMB 10,000/sqm
Latest Updated by 2006-05-08 10:27:08
THE average housing price in the Shenzhen Special Economic Zone (SEZ) surpassed 10,000 yuan (US$1,233) per square meter during the first three months of the year, the housing authority said during the Shenzhen (Spring) Real Estate Fair that closed at the Shenzhen Convention and Exhibition Center yesterday (May 7).

The average price over that three-month period was 35.46 percent higher than the same period last year. Meanwhile, the average housing price outside the SEZ jumped 25.63 percent to 8,126 yuan per square meter, according to the authority.

Wang Feng, vice director with the Shenzhen Real Estate Research Center, said the major reason for the price hike was the tight supply.

Zhu Genping, general manager of Jungs Real Estate, attributed the rising prices to a land shortage, the booming economy, and the improving quality of the housing estates.

"The gap between the average housing price and the annual family income is too large," says a report by the housing authority.

Despite the high prices, visitors to the fair found few new housing projects inside the SEZ. And most of the projects outside the SEZ were villas with prices higher than 10,000 yuan per square meter.

Only 47 developers were at the exhibition, about half the number that appeared at pervious fairs. Some well-known developers including the OCT and Sinolink did not show up. "The housing estates sell so well that some developers feel it unnecessary to attend the fair," an industry insider told the Daily Sunshine.

On May 3, the opening day of the real estate fair, social activist Zou Tao went to the fair to dissuade people from buying high-priced houses. "I came here to advise people to guard their money before the housing prices drop to a normal level," said Zou, who was accompanied by a lawyer.

Faced with high housing prices in Shenzhen, some homebuyers showed interest in nearby cities like Huizhou and Dongguan, where houses are much cheaper. Housing projects in these cities that were attending the fair attracted many homebuyers. Shenzhen's real estate developers, meanwhile, expressed interest in the land available in 21 inland cities.

The Shenzhen (Autumn) Real Estate Fair will be held Sept. 29 through Oct. 3 at the Shenzhen Convention and Exhibition Center.

Editor: Wing


By:Helen Deng Source:Szdaily web edition

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Post time 2006-12-11 14:45:16 |Display all floors
Originally posted by sexlion at 2006-12-11 14:37



I support your point for china's economic is jumping, but the realistic is common people are not so rich to  burden nowadays price...

I heard many people must  borrow more for his  first ...


I think to survive in Shanghai, one must be INTO BIG Business!!!

Otherwise, the roads will eat you alive!!!

Why Shenzhen??

Is it going up too???( like Guandong(a province) economy gets bigger than Taiwan(a country)

Shenzhen has v good IT industry!!!
What's on your mind now........ooooooooooooooo la la....Kind Regards

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Post time 2006-12-11 15:03:27 |Display all floors

modern life?

Originally posted by caringhk at 2006-12-11 14:45


I think to survive in Shanghai, one must be INTO BIG Business!!!

Otherwise, the roads will eat you alive!!!

Why Shenzhen??

Is it going up too???( like Guandong(a province) econom ...



maybe high price is character for modern...

shanghai is a good place to taste the big business you said...

it's so terrible that shenzhen has the same living cost and house price with shanghai...althrough they are difference level...

hehe,  we need to earning more....

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Post time 2006-12-11 16:07:46 |Display all floors
Originally posted by sexlion at 2006-12-11 15:03



maybe high price is character for modern...

shanghai is a good place to taste the big business you said...

it's so terrible that shenzhen has the same living cost and house price with s ...



To earn MORe, can you ROB the BANKS!!!
What's on your mind now........ooooooooooooooo la la....Kind Regards

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