Shenzhen has the highest home price risk among mainland Chinese cities, followed by Xiamen and Shanghai, according to the country’s top think tank.
The conclusion came from studying each city’s deviation from historical prices based on home price and rent levels versus household income, the Chinese Academy of Social Science (CASS) said in a report on Wednesday.
The study examined the home price to household income ratio in 35 Chinese cities, an index widely used around the world to…
Source : South China Morning Post
Read more…Shenzhen tops Chinese cities in terms of home price risk, says think tank















