ucodegen wrote: Interesting

[Myriad]

[quote=ucodegen]
Interesting quote from article:

Back at the end of February 2010, the national average price per square metre of property within China was RMB5,508 for urban areas and RMB473 for rural areas. Today these figures have risen to RMB9,570 for urban areas and RMB822 for rural areas.

RMB 822/sq ft = $119/sq ft.
RMB 9570/sq ft = $1,385/sq ft.
[/quote]

That’s in sq meters. have to divide by 10.7639
So $11.05/sq ft and $128.67

https://www.mansionglobal.com/articles/hong-kong-sydney-and-vancouver-lead-world-s-least-affordable-markets-52017
City Median Home Price Median Annual Household Income Median Multiple
Hong Kong $5,422,000 $300,000 18.1
Sydney, Australia $1,077,000 $88,000 12.2
Vancouver, Cananda $830,100 $70,500 11.8