Qingdao High house prices forced to retreat, Korean merchants to buy house family into tenants

According to China's voice, "Yang News" January 5 14:35 reported that 2009 years of Qingdao house prices continue to climb, which not only to Qingdao people feel unbearable, even the always wasteful South Korean investors also deterred.　　More and more Koreans in Qingdao are choosing to rent a house to live in. Just the past 2009, although the price of Qingdao continued to climb, but the property market was unexpectedly fire, Qingdao City, four district real estate markets total turnover of up to 69,000 sets, more than 2008 44,000 sets, a record of the highest sales over the years. Among them, the number of home buyers in South Korea is greatly reduced.　　This is a few years ago Koreans in Qingdao in a large number of buying houses in stark contrast.　　A guide to South Korean tourists, Miss Kim told reporters, she has a lot of South Korean friends at the end of 2008 to far below the market price of selling the property in Qingdao, and 2009 she these South Korean friends back to Qingdao, but because the island city prices have risen too high to buy a house, had to choose to rent live. Miss Kim: During the financial crisis of 2008, many friends (South Korea) sold their houses at a very low price. But now that the financial crisis is over, when they want to buy a house again, they feel the price is rising too high. Basically, a lot of my Korean friends are renting a house and not buying a house.