What kind of life can you get in China with 1000 cny income per month per capita?

[Kai Liu]

Oh. I thought he rented in Lujiazui for only 6k lol.

He said his rent was 15K to 20K cny per month.. And that probably was some years back.

 

[Mista]

So HK are expensive in both rent and property.

Well, HK is an outlier in the world, by a long shot. Lol.

 

[sms]

That's your monthly rent?

no, that's Ayi's salary
Rent was 21000/ month

 

[Kai Liu]

It's quite the opposite in Singapore lol.

In China, rents are cheap but property prices are expensive.
In Singapore, rents are expensive but property prices are cheap.

Property prices in China varies a lot, depending on the cities. In majority of prefecture-level cities, housing price is around 800~1,000 USD per sq m. And yes, I believe the ratio of property price to the rent is way too high in big first tier cities, as compared to the majority of smaller cities.
http://m.mizhai.com/school/zixunneirong/id/14845.html

 

[Mista]

Property prices in China varies a lot, depending on the cities. In majority of prefecture-level cities, housing price is around 800~1,000 USD per sq m. And yes, I believe the ratio of property price to the rent is way too high in big first tier cities, as compared to the majority of smaller cities.
http://m.mizhai.com/school/zixunneirong/id/14845.html

And Chinese cities are very large by administrative area, which is different from cities in many other countries. A Chinese city is more like a metropolitan area in other countries, and therefore a 'district' within a Chinese city is more similar to NYC or Tokyo area wise.

So you have to look at prices within the 'district' or 'ring road', rather than prices within the whole city which is too 笼统. And then within the 'district', you have to see whether you're in a 学区房 area or not, or which school you're near to. Many factors to consider in China lol.

 

[Kai Liu]

7th tier county-level cities, still nice to live in: