日批在线视频_内射毛片内射国产夫妻_亚洲三级小视频_在线观看亚洲大片短视频_女性向h片资源在线观看_亚洲最大网

Top Biz News

Home out of reach for many young Chinese

(Xinhua)
Updated: 2009-11-25 17:35

In the hit Chinese television drama, "Dwelling Narrowness," one of the main characters becomes the mistress of a government official in order to help repay her older sister's mortgage.

The 35-episode series, which stars actress Vivian Wu (Wu Junmei), has touched a raw nerve in its audience, who sympathize with the characters moral dilemmas.

The story follows the trials of two full sisters struggling to buy affordable apartments in an unnamed big city, believed to resemble Shanghai, where house prices have soared beyond the lifetime disposable incomes of most people.

"I was deeply moved though I don't think it was the right decision," says Beijing office worker Zhou Yuan of the younger sister's decision to become a mistress.

But the characters are simply mirroring the choices that many urban Chinese are facing everyday as the booming real estate market erodes their dreams of becoming home-owners.

"They epitomize a large group of urban young people tormented by material desire and anxiety in daily life," says Professor Zhang Yiwu, of Peking University. "Just like snails carrying a heavy shell."

The government launched a sweeping reform of the housing market in the late 1990s, scrapping the government allocation of homes to urban workers.

Since the reform, property development has boomed. Strong demand and scarce land resources have driven up prices, as more people move to big cities like Beijing and Shanghai.

The stress of home-buying has twisted the values of some people, especially the young, who were often forced to give up their independence and self-reliance, says Zhang.

According to Beijing Municipal Statistics Bureau, the city's average annual income in 2008 was 44,715 yuan ($6,546), while urban apartments were selling for an average 15,581 yuan per sq m.

An apartment of 80 sq m costs almost 1.25 million yuan, which would require a household of two wage-earners to repay with half their salaries for 30 years -- without interest.

"It's unbelievably high," says Yu Mengxuan, a 25-year-old office worker who lives with her parents in Beijing. "Just one sq m costs more than three months' salary.

"It's impossible to make the deposit without the help of your parents."

In China, home-buyers are required to pay at least 25 percent as the first installment. Parents have traditionally channeled their savings into their children's homes, which is one of the reasons why Chinese save more, but spend less.

However, house prices will keep moving upward in 2010, according to a report released by the Chinese Academy of Social Sciences on Nov 16.

Professor Wang Fuzhong, of Beihang University finance department, blames the economic structure in which local governments profit greatly from the property industry, lessening their incentive to curb prices.

A survey by the Standing Committee of the National People's Congress shows low-income home construction in 2009 was behind target with only 23.6 percent investment realized by the end of August. Government subsidized affordable homes are the main plank in efforts to curtail the rise prices.

Related readings:
Home out of reach for many young Chinese China denies to release rural land to curb housing prices
Home out of reach for many young Chinese Don't sell welfare housing as commercial developments
Home out of reach for many young Chinese Housing value ranking 'insensitive' to public concern
Home out of reach for many young Chinese China's housing prices expect slight dip in Q4

The government is also encouraging young people to rent before they buy, and plans to build public rental housing to relieve the pressure.

But the popular concept of owning a home as a requirement for marriage is driving many young couples apart as the dream becomes unattainable.

Jin Danlei, 25, a native of eastern Jiangsu province who stayed in Beijing after graduating from university, says, "My mother told me my would-be husband should buy an apartment, at least on a mortgage."

Others, like Yu, disagree. "Renting a room for the time being is okay for young couples. It takes time to improve our lives."

主站蜘蛛池模板: 国产精品ww| 中文日本在线 | 污视频在线免费观看 | 国产精品免费一区二区 | 国产精品伊人久久 | 少妇又色又爽 | 久久视频精品 | 日本女人高潮视频 | 欧美日韩综合网 | 亚洲第九十七页 | 狠狠干2018| 欧美黑人一级爽快片淫片高清 | 欧美 日本 国产 | 欧美自拍偷拍一区 | 一区二区三区免费在线观看视频 | 免费黄色在线 | 欧美激情在线 | av国产在线观看 | 97色婷婷| 日韩精品影视 | 华丽的外出在线观看 | 久久在线免费观看 | 韩国一级黄色录像 | 欧美在线a | 日韩精品中文字幕在线观看 | 日韩欧美一区二区三区四区 | 成人短视频在线免费观看 | 男人天堂网在线视频 | 亚洲色图35p| 天堂av在线免费观看 | 成人av免费在线 | 欧美一区二区在线视频 | 2021av| 日韩欧美一区二区三区在线观看 | 欧美三级在线免费观看 | 欧美视频三区 | 久久久午夜影院 | 男人天堂网在线观看 | 草在线| 日本成人黄色片 | 男人av在线 |