Top 10 best Chinese cities to own a house

Source:chinadaily.com.cn/china.org.cn

According to a study by Sina.com.cn using the statistics released by the China Index Academy, a house is extremely important for Chinese people. Owning a house makes them happier and life easier, especially in big cities such as Beijing, Shanghai and Shenzhen.

 

Rocketing housing prices have made people more concerned about the housing market. Some have even started saying teasingly, "Happiness starts with a house!" Let's take Beijing as an example. The city's average income is 8,717 yuan ($1,304) a month. The price of a 100 square meter flat is equal to 41.15 years of a white-collar worker’s salary. Or to put it another way, a 100 square meter flat can save him/her 41.15 years of hard work.

 

According to a study by Sina.com.cn using the statistics released by the China Index Academy, a house is extremely important for Chinese people. Owning a house makes them happier and life easier, especially in big cities such as Beijing, Shanghai and Shenzhen.

 

If you own a house in the following cities, you are among the luckiest.

 

No 10 Xi'an, Shaanxi province

 

Average salary: 5,765 yuan per month

 

The value of a 100 square meter flat is equal to 9.67 years of working

 



No 9 Taiyuan, Shanxi province

 

Average salary: 5,784 yuan per month

 

The value of a 100 square meter flat is equal to 11.61 years of working

 



No 8 Shijiazhuang, Hebei province

 

Average salary: 5,652 yuan per month

 

The value of a 100 square meter flat is equal to 12.75 years of working

 



No 7 Dalian, Liaoning province

 

Average salary: 6,164 yuan per month

 

The value of a 100 square meter flat is equal to 13.76 years of working

 



No 6 Wuhan, Hubei province

 

Average salary: 6,050 yuan per month

 

The value of a 100 square meter flat is equal to 14.62 years of working

 



No 5 Qingdao, Shandong provicne

 

Average salary: 6,005 yuan per month

 

The value of a 100 square meter flat is equal to 15.62 years of working

 

 



No 4 Tianjin

 

Average salary: 5,855 yuan per month

 

The value of a 100 square meter flat is equal to 23.3 years of working

 

 



No 3 Shanghai

 

Average salary: 8,825 yuan per month

 

The value of a 100 square meter flat is equal to 38.8 years of working

 



No 2 Beijing

 

Average salary: 8,717 yuan per month

 

The value of a 100 square meter flat is equal to 41.15 years of working

 



No 1 Shenzhen, Guangdong province

 

Average salary: 8,141 yuan per month

 

The value of a 100 square meter flat is equal to 51 years of working

 

 


(Source: chinadaily.com.cn/china.org.cn)

 

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