Hong Kong's Soaring Housing Prices Hit City's Poorest Rising housing prices in Hong ... walls shaking. It's not safe for a family,＂ she said. On a rooftop in the working-class Sham ...
A complaint against soaring housing prices Recently, many people complain that life in modern society is extremely hard, especially for the 80s generation. They rush to a big city, struggling for a living. Generally speaking, their increasing life pressure lies in the soaring housing price, because it is far beyond what people can afford. According to a report in Wanyi, the housing prices in Beijing have increased by 3 times from 2006 to 2011. If an average white collar wants to buy a rather decent apartment in a big city, he may have to work like a dog and lead a frugal life for most of his time. Unfortunately, it’s time for him to leave the apartment to his children when he finally raises enough money to buy one. How ridiculous it is! Meanwhile, to my extreme astonishment, a middle-aged taxi driver in my hometown dropped to death last year after continuously working for 24 hours. His only son was getting married and planning to buy an apartment so he wanted to make money as much as possible to help his son in the down payment. The official statistics show that our incomes are increasing every year, but our real purchasing abilities are declining. The increase of population, the rising demand for housing, and the speculations in housing trade, all contribute to the soaring housing prices. To change such a situation, it is our government’s responsibility to regulate the housing market and provide more financial support for building low-rent houses. At the same time, land agents should be more responsibility-conscious and do business legitimately. Only when enough attention and effort are paid to the housing prices problems, can our society be free from the discordant complaint and be more harmonious.1. A plaint against Soaring Housing Prices Over the past years, China's housing market has witnessed an extremely high increase in prices. Although the central government ...
Wen was answering a question on China's soaring home prices. ＂I have noticed ... policies. ＂The government will expand construction of housing projects for low-income ...
- Prices - Social aspects. dc.subject.lcsh Real property - Prices. dc.subject.lcsh Housing policy. dc.subject.lcsh Social surveys - Housing. dc.title A study of soaring housing prices in ...