Shanghai: Temperature rising, Secondhand house price increasing

Shanghai: Temperature rising, Secondhand house price increasing
Jul 10, 2007 01:11
LEONARDO Points: Join Date: May 21, 2007 Status: offline	Just like the increasingly hot summer, Shanghai's secondhand house index continues rising in June. The secondhand house index has increased by 70 points last month. The increase has set a record high. In the whole city area, the house price has increased dramatically. In 70% of the city area, the house price has increased by 3% in June. Facing the increasing hot summer, we can stay in a house equipped with air-conditioners. However, if the house price continue increasing "its body temperature", we will have no room to stand and we will fall victim to the "hot waves" in June.

Jul 10, 2007 01:11

LEONARDO
Points:
Join Date: May 21, 2007
Status: offline

Just like the increasingly hot summer, Shanghai's secondhand house index continues rising in June. The secondhand house index has increased by 70 points last month. The increase has set a record high.

In the whole city area, the house price has increased dramatically. In 70% of the city area, the house price has increased by 3% in June.

Facing the increasing hot summer, we can stay in a house equipped with air-conditioners. However, if the house price continue increasing "its body temperature", we will have no room to stand and we will fall victim to the "hot waves" in June.

Jul 10, 2007 02:25	#1
KEVIN0518 Points: Join Date: Mar 13, 2007 Status: Offline	I am dreaming of having my own house in the future. According to the current rising house price, how many years should I strive for buying my house?

Jul 10, 2007 21:41	#2
LEOPOLD219 Points: Join Date: Feb 7, 2007 Status: Offline	"House Slave" is a very popular term among average Chinese. Struggle the whole life to buy a house?

Jul 12, 2007 20:57	#3
KATRINA Points: Join Date: Nov 29, 2004 Status: Offline	House is a shelter, unnecessary to be too big and luxurious, as long as it can protect you from wind and rain.

Sep 28, 2007 17:45

ERENCIUS
Points:
Join Date: Aug 26, 2007
Status: Offline

"Facing the increasing hot summer, we can stay in a house equipped with air-conditioners."

Would be better if their were buildings with a common air conditioning system, the prices would be just a bit higher to buy, but the economies we can make from it would be much higher, and I m not even talking about energy saving that could result from it and its impact on the environment.
Moreover, seeing a compressor under each window is really not esthetic at all.

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