Visitors looking at building models at a real estate and home decorations expo in Fuzhou, capital of southeast China's Fujian province on November 16, 2012. Photo: Xinhua
Home prices in some unlikely Chinese cities now rival London, after a four-year boom in residential property
- A four-year property boom in China has elevated a collection of little-known cities and turned them into real estate gold
- While that’s been great news for speculators, it’s raising concern about whether China’s educated middle-class is quickly being priced out of these so-called second-tier cities
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China property
Visitors looking at building models at a real estate and home decorations expo in Fuzhou, capital of southeast China's Fujian province on November 16, 2012. Photo: Xinhua