Living in Shanghai is expensive if you compare how much you

Living in Shanghai is expensive if you compare how much you earn. For example, if you earn 5000 yuans i think it is still not enough in shanghai. It the living cost cannot match the salary it has grown out of proportion. So either the salary going up or the property market going down. I prefer the property market going down. During my stay at shanghai, i read the property ads in the newspaper. I am thinking whether shanghainese earn a lot because the price of property is a bit high for me. In my country, a normal people buy property costing about 1.25 to 5 million yuans. And my friend buy an apartment for 600,000 yuans during 2000 now he is selling at 3 millions 2005. 500 percents increase. That crazy. I love shanghai but i smell trouble. Bye.
Posted by Tony at 2005-09-26 23:31:13
Commented on
Do You Believe in Living Cost Index?