1/11 The China Problem in a Nutshell: Property has become too expensive in China - i.e., the price-to-income ratio in Beijing, Shenzhen, and Shanghai all exceed 40x, vs. 22x for London, and 12x for NY; the definition of unaffordable housing, according to The Urban Reform...
— Gordon Johnson (@GordonJohnson19) Oct 11, 2021
via Twitter https://twitter.com/GordonJohnson19
October 12, 2021 at 03:26AM
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