Basic introduction of China Real estate these years

in china •  7 years ago 

I was born at year of 1982.11.1 in Hangzhou City. Now I am 35 years old. I consider myself as a China real estate bull market witness .

Basically, the real estate in China has grown up about 20-50 times in recent 20-30 years.

I will share my personal experience and also people around me stories in future posts.

I am only one Child of my family, my parents and me ,we had our very first legit registered apartment in year 1999, my father was then a scretery of stated owned railway company, this aparment was considered as a benefit for his long time working at the company. Before that we moved several times, but none of these apartments have legal certificatesor land or house certicates with them.
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These pictures I would say may be posted in very recent 2-3 years, there were no higher bulidings when we moved in there. The apartment has 2 bedrooms ,one living room, one bath room, and a kitchen. That is a basically arrangement at that period of time.

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By the time we moved in, the price for this apart is around 1800-2000 RMB per square meters, which means the apartment was worth like around 15000 USD ( at that time exchange rate is somewhere from 8-9 ). Today this apartment is worth about 500,000 USD .

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good post. visit my profile and upvote if you like

tks I would