/biz/ - Business & Finance

Get your stats checked mate.
Housing in major us, can and aus cities are actually very affordable when you compare with asian cities, especially china (the big 4 cities, beijing, shanghai, guangzhou, shenzheng.
For an average chinese household, you need the wallets of 6 people (partners and both of their parents) to pay off the down payment of a property in major cities. The housing price is beyond fucked in china for the young and poor.