In Shenzhen, Aka China's Silicon Valley, an Apartment Costs 40x the Average Household ... - Latest Tweet by Bloomberg

In Shenzhen, aka China’s Silicon Valley, an apartment costs 40x the average household annual income, as of 2021.

That makes it 4x more expensive to own a home than LA or San Francisco. @economics' Chang Shu breaks down China's property problem https://t.co/GvYWnTKfHJ pic.twitter.com/wGXVS6hq47— Bloomberg (@business) December 28, 2022

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