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What house can you buy with 1 million yuan in China? (4)

People's Daily Online)  08:29, March 14, 2013  

Beijing: The average house price is 22,767 yuan per square meter. 1 million can only buy a two bedroom apartment smaller than 40 or 50 square meters, or a second-hand apartment with one bedroom. (Photo/Xinhua)

Edited and translated by Wang Xin, People's Daily Online.

1 million seems a large amount, but when it comes to the real estate market in China, its value would shrink significantly. A survey shows what kind of house one can buy with 1 million yuan in the first, second and third tier cities of China.

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(Editor:WangXin、Zhang Qian)

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