Look at the ratio of general monthly salary income to housing prices: A review of the most difficult cities to buy a house in China (photo) article cover image
News/Community Wire/Archive/Aug 29, 2012
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Look at the ratio of general monthly salary income to housing prices: A review of the most difficult cities to buy a house in China (photo)

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Look at the ratio of general monthly salary income to house prices: a review of the most difficult cities to buy a house in China (photo) Core tip: Compare your own income with local housing prices, that’s all, you...

Local families

Compare your own income with local housing prices. That’s it. You don’t need to consider many factors such as prices and consumption levels. As long as your monthly income is higher than or equal to the average unit price of houses, then it is considered a good income in the local area and above average. For example, if you earn 4,000 yuan in Xi'an, this level is equivalent to 8,000 yuan in Beijing. The monthly salary in Shanghai is 1/3 of the house price

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Community WireArchiveRepublished with permission