Why the house was so expensive in this society?I cannot afford it.

@fengbo (731)
China
June 5, 2007 3:38am CST
I'm come from china,now i was a student in hangzhou normal university.I will graduation in next year.I want stay in hangzhou,so i want to buy a nice house to me.But i looked the house,i was shocked by this.If you want buy a commonness house it will cost you near one million RMB.An academician work hard a year about earning 30000 RMB.You will work hard about thirty years you can buy a house.I was so disappoint to me.How can i to buy a house? What can i do?I was so confused now.Can you share you thoughts? expect mylotters response.Thank you very much.
3 responses
@lkbooi (16101)
• Malaysia
6 Jun 07
I had been to hangzhou three years ago and it’s a famous tourism site. Naturally houses in hot tourism and commercial spot are having great demands and hangzhou is such a big and prosperous city with her own well known xihu, no doubt the houses there are so expensive. In my place I do find the same situation so I prefer to buy a house in the rural of a town and the house price is much more cheaper than the one in the city.
@fengbo (731)
• China
6 Jun 07
yeah,I agree with you the hangzhou is the most famous tourism site.Every years about 10million tourists come to WESTLAKE.So the hangzhou house price was so high.
@lkbooi (16101)
• Malaysia
6 Jun 07
Oh! The charming and fascinating Westlake and my hubby and I love her very much as she makes us recall the famous scholar and calligrapher of Song dynasty, su dong po. But quite sorry she makes the houses cost higher.:D
@tracy1985 (654)
• China
5 Jun 07
yeah,it is a crazy thing,the price of house increase so quickly and we can not afford that. what a boring thing.we can do nothing but try our best to earn a great number of money,and give our family the better life.
@fengbo (731)
• China
6 Jun 07
yeah,I think like you say:we can do nothing but try our best to earn a great number of money,give our family the better life. I wish you will get a good work when you walk up to society. thanks for you response.
• China
19 Mar 08
Well, almost everyone in China knows that the housing price is quite high. In an investment view, I think it is not a good time to buy a house right now. It is crazy to get a house spending 30 years' income. The best thing is to rent a house and wait a good time to buy it.