China’s second home market booms as residents seek escape from city life

In upmarket districts of Beijing, a three-bedroom house costs on average of 6.7 million RMB ($1.02 million) Property prices in China have become some of the most expensive in the world, especially in major cities. Housing prices are more than 30,000 RMB ($4,600) per square metre in Shanghai. Meanwhile in upmarket districts of Beijing, a … Continue reading China’s second home market booms as residents seek escape from city life