Business
In Shenzhen, Aka China's Silicon Valley, an Apartment Costs 40x the Average Household ... - Latest Tweet by Bloomberg
The latest Tweet by Bloomberg states, '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 ...'
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
(The above story first appeared on LatestLY on Dec 28, 2022 10:14 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).