The negative effects of high housing prices on urban competitiveness have begun to show

Source: Internet
Author: User
Forbes recently published the "2010 Best commercial cities in mainland China" list. The top ten were Guangzhou, Shanghai, Shenzhen, Hangzhou, Suzhou, Beijing, Wuxi, Ningbo, Nanjing and Tianjin. Guangzhou replaced last year's Shanghai and won the title of China's best commercial city.  Through the decline of Shanghai rankings and the overall ranking, it can be found that the negative impact of high housing prices on urban competitiveness began to appear comprehensively. The high cost of high housing prices will weaken the city's competitiveness. Shanghai is divided into 0 of its operating costs, while Guangzhou is 0.2248. In the cost of business activities, the prices and rents of office buildings are very important components. According to the data released by CB Richard Ellis, the monthly rents for quality offices in Guangzhou and Shanghai were 97.2 yuan/sqm and 209.8 yuan/square meters respectively in the first half of this year, priced at 15798 yuan/sqm and 31242 yuan/square meters respectively.  The rents and prices of office buildings in Guangzhou are only 46% and 51% respectively in Shanghai. Shanghai's high house prices also affect Shanghai's talent index advantage. The universities and scientific research institutions in Shanghai have obvious advantages over Guangzhou both in quantity and strength.  But Shanghai Talent Index score (0.8898) is only 0.0386 higher than Guangzhou (0.8512). High house prices should be a result of the development of a city, but many cities in China take the first place to pull high prices, and then sell the land at a higher price to operate the city.  The high prices and rents of office buildings and houses inevitably increase business costs and reduce the attractiveness of talent. "According to the Economic Reference newspaper article comprehensive analysis"

Contact Us

The content source of this page is from Internet, which doesn't represent Alibaba Cloud's opinion; products and services mentioned on that page don't have any relationship with Alibaba Cloud. If the content of the page makes you feel confusing, please write us an email, we will handle the problem within 5 days after receiving your email.

If you find any instances of plagiarism from the community, please send an email to: info-contact@alibabacloud.com and provide relevant evidence. A staff member will contact you within 5 working days.

A Free Trial That Lets You Build Big!

Start building with 50+ products and up to 12 months usage for Elastic Compute Service

  • Sales Support

    1 on 1 presale consultation

  • After-Sales Support

    24/7 Technical Support 6 Free Tickets per Quarter Faster Response

  • Alibaba Cloud offers highly flexible support services tailored to meet your exact needs.