Property News · September 27, 2017

California losing lure over costly housing


With its unique geographical advantages and natural conditions, California has been a popular investment and tourist destination.
However, its stubbornly high housing prices have deterred many people from moving into the state, and many are even considering moving out.
“We have been renting an apartment for over 10 years, and still cannot buy our own house as the rent increases every year,” resident Li Yunqi said. “The American dream is about a house and a green card. But here…

Source : South China Morning Post
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