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High housing price is a major issue in a number of big cities in China. Starting in 2005, the high housing appreciation rate became a serious affordability problem for middle and low-income families: in 2004 the housing appreciation rate of 17.8%, almost twice the income growth rate of 10% . Municipal governments have responded to the calling ...
A skyscraper is defined as a continuously habitable high-rise building that has over 40 floors [1] and is taller than approximately 150 m (492 ft). [2] Historically, the term first referred to buildings with 10 to 20 floors in the 1880s.
A housing affordability index (HAI) is an index that measures housing affordability, usually the degree to which the median person or family in a particular country or region can afford housing/housing-related costs. [1] [2] [3] Housing affordability is one contribution to the cost of living in an area; measured by the cost-of-living index. [3]
Among this sample, the housing markets with the least affordable real estate prices are Hong Kong, Vancouver, and Sydney. The top three housing markets with the most affordable real estate prices based on major housing markets are Rochester, New York, Cleveland, Ohio, and Oklahoma City, Oklahoma. This survey was performed by Demographia, a ...
Santa Cruz leaders say downtown high-rises would ease housing costs. Activists call the plan 'out of character' for the laid-back beach town and are fighting new construction.
Pursuing an ex-pat lifestyle is a popular choice these days. Many countries have lower costs of living than the U.S., which has made them popular places to move to for years. However, before the ...
Bubbles can be determined when an increase in housing prices is higher than the rise in rents. In the US, rent between 1984 and 2013 has risen steadily at about 3% per year, whereas between 1997 and 2002 housing prices rose 6% per year. Between 2011 and the third quarter of 2013, housing prices rose 5.83% and rent increased 2%. [19]
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