China Tells

The housing price in Shanghai is increasingly unaffordable according to a latest study. The Shanghai housing price affordability index has continued to go up since 2008, reaching almost the high in 2004. An increase in such an index shows less affordability of housing price for an average Shanghai resident. Generally speaking, if the affordability index surpasses 70%, it shows that most people can not afford to buy a house and therefore will have serious consequence.

上海的房价可承受指数连年上涨。该指数反映了一个普通上海人能否买得起房子的状况。如果该指数上涨，说明房价相对于家庭收入提高更快，因此普通人更难买的起房子。上海的可承受指数从08年以来一路上升，已经接近04年的高点。如果没有有效措施遏制这种趋势，那么对于社会和谐不利。