XMN (Amoy) as one of the top-tier cities located in southeast China , has been reported an 18 months successive groth on housing price . Due to the land supply shortage and emerging demand , crazy money rushed in , as well as postive expectation of the future market , the property market blasted from last year and can not see any siganal of a reduction trend .

what touch me is that One of my friends told me in this event . He brought a 56 M2 apartment 2012 at a total 250K RMB , while when he sold this apartment this year , it's 1M , means 4 times of previous price in 4 years . with this 1M he decided to afford a 100 M2 house total cost 1.5M RMB , he did it and guess what , now this new apartment can sell 2M in pre-owned eastate market . He told me that what happened to him in this event is like , he doesn't need to work at all , because he find out that the total amount of salary in this 4 year is 20K , but his proverty now is 2M .

what an amazing market ?! thanks to the bubbles . with so-called ease money in this field , now many people are working on investing in this market as all-time job , they are now the bubble maker ? what do you think ?

Beautiful scenery of XMN