Originally Posted by
Taiwaned
It is now looking more and more like we would be moving to China for a couple of years. Instead of renting we are wondering about purchasing an apartment and selling it off when we leave 2-3 years later.
Is this possible?
Any serious risks?
Any recent changes in law?
I would think with the high property prices now its questionable if
in a 2-3 year time frame you would not lose money. Renting should
get you a better place for the same cost and no risk of depreciating value.
China’s average [property] price per square meter nationwide is quite close to the average in the US. The US’s per capita income is seven times China’s urban per capita income. The nationwide average price is about three months of salary per square meter, probably the highest in the world.