Housing Prices Soar in China

Beijing housing prices have gone up 30 percent. In Shanghai, prices neared a record high of 17,400 yuan per square meter.
Housing Prices Soar in China
HIGH PRICES: Due to soaring housing prices, more and more Chinese families have to use up the accumulated wealth of a lifetime or even the savings of several generations of family members in to buy an apartment. Getty Images
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<a><img src="https://www.theepochtimes.com/assets/uploads/2015/09/rentate.jpg" alt="HIGH PRICES: Due to soaring housing prices, more and more Chinese families have to use up the accumulated wealth of a lifetime or even the savings of several generations of family members in to buy an apartment. (Getty Images)" title="HIGH PRICES: Due to soaring housing prices, more and more Chinese families have to use up the accumulated wealth of a lifetime or even the savings of several generations of family members in to buy an apartment. (Getty Images)" width="320" class="size-medium wp-image-1826255"/></a>
HIGH PRICES: Due to soaring housing prices, more and more Chinese families have to use up the accumulated wealth of a lifetime or even the savings of several generations of family members in to buy an apartment. (Getty Images)