China Tells

Recently the housing price in China seemed to have calmed down. However, it is probably still too high considering the price of the house to the income level of the local residents. It is estimated that Dalian and Hangzhou have the highest (housing) price to income ratio in China. Internationally the price to income ratio need to come down to below 8 for houses to become affordable – in China only Changsha and Dongguan seem to be affordable under this criteria.

中国的房价是否还太高？上面这幅图可以给我们一些解答。根据国际水平，房价和收入比低于8才能满足大部分人的购房需求。在中国，大部分城市的房价收入比仍旧远高于8，因此最近房价的下跌似乎没有起到让老百姓买得起房的作用。