For those who claim there is not property bubble in China because of strong demand, let’s take a look a home prices to wages starting with a simple question: How long does it take you to buy this home? In the traffic congested city streets, an advertiser was busy handing out flyers for the newly constructed condos. “Beautiful homes, starting at 29,800 yuan per square meters”, one flyer ended up in the hands of a cab driver who was waiting in traffic. He looked at the flyer and thought “It takes …

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How Long Does it take for the Average Chinese Worker to Buy a Home?