| Real estate prices in Shanghai will probably continue to appreciate the rmb situation aside. Shanghai is becoming one of the great cities of the world on par with New York, San Francisco etc. As the city attracts more attention more people will want to live and work there. Look at prices in San francisco, Hong Kong etc They are probably triple Shanghai so I would not expect a return to cheap prices unless their political turmoil or an economic collapse. |
RMB Finally Goes Strong