Wow, my apartment in China is only 800$/month but it's worth 370,000$. I really ... | Hacker News

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		olalonde on Sept 17, 2013 \| parent \| context \| favorite \| on: It's A Terrible Time To Buy An Expensive House Wow, my apartment in China is only 800$/month but it's worth 370,000$. I really wonder why people keep buying real estate in China. I guess they are hoping to make money from the increasing value of properties rather than the rent.

twoodfin on Sept 17, 2013 [–]

I really wonder why people keep buying real estate in China.

Isn't it chiefly because most other forms of investment are banned or highly restricted?

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