China’s Housing Market Bubble: Home Ownership Elusive For Young Buyers And Renters

BEIJING -- Shen Lu, a 24-year-old recent college graduate, has just found a new home. The apartment she shares with three other people is in one of dozens of identical high-rise buildings, each about 20 stories tall, old and dilapidated compared with the newly erected glass-and-steel residential towers rising on the city’s skyline. The paint on the cement blue and white buildings is chipped, the entryways are run down and graffitied, the hallways are dimly lit and cold

http://www.ibtimes.com/chinas-housing-market-bubble-home-ownership-elusive-young-buyers-renters-1808472

Sunny Sharma

Sunny Sharma

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