Just a few months after her wedding ceremony this 12 months, Lilian Li moved from the south-western Chinese language metropolis of Chongqing to an condo close to Beijing’s monetary district.
However whereas Chinese language newly-weds sometimes see property possession as a vital subsequent step after marriage, Li and her husband are as a substitute renting a two-bedroom condo within the capital for Rmb13,000 ($1,821) per 30 days.
To purchase an equivalent condo, Li and her household would wish greater than Rmb5mn only for the down fee — the…
