Tokyo is 8 times times higher than Shanghai: house prices

Xu Jingpo in Tokyo, a Japanese multinational working in Beijing, Dong, these days are very anxious. The personnel department of the company has consulted with him, preparing to transfer him to Shanghai next March, and he has just married a Japanese classmate as his wife half a year ago. "The man to everywhere is the same, anyway pay a lot of you a dollar." Dong thought so. But there are two questions that worry him: What about the new house in Tokyo?　　The second is to buy a house in Shanghai? And his wife discussed several times, the wife always answer the same sentence: "You decide it."　　In fact, she still would like to live in Shanghai, because she felt that the Expo should be very lively, home in Nagoya a few years ago so lively for a while. Dong graduated from Waseda University in Japan and has been working in the company for 6 years now. Wages from the initial 200,000 yen/month (about 15,000 yuan), also has risen to 320,000 yen/month (about 23,000 yuan). Compared with his peers in China, he is a "senior white-collar".　　But in Tokyo, this money is only enough to feed the family, and did not enter the "well-off" ranks. Tokyo people married 90% rental in March this year, in order to marry the college classmate Ayako, Dong determined to buy a house in Tokyo.　　The house is located in Tokyo Edogawa-ku, the equivalent of Shanghai's Zhabei, on the 5th floor of a single 12-storey apartment building, standing on a balcony to see fireworks from Tokyo Disneyland every night. Tokyo a little bit of economic strength of people are more taboo to live in the "New Village" or "Flower garden", because this kind of village-style social housing, in Japan belonging to the government development of low-cost rental, called "Regiment."　　Although the configuration of supermarkets and banks, post offices, life is very convenient, but after all, mammies mixed, so the community environment lacks enough attraction. Counting on the semester, Dong in Japan has been fighting for 10 years, but only save more than 4 million yen (about 300,000 yuan). 91.5% of Tokyo's young people are renting and getting married, according to a survey by the Institute of Japanese Life, a nongovernmental agency.　　It is not that they do not want to buy a house, but by their own wages cannot afford to buy a marriage house, of course, more unwilling to be a housing slave. Dong felt fortunate that he had not received such "conditions of marriage" as the mother-in-law of Shanghai, "not even the house, why marry my Daughter". Ayako's mom and Dad said: "Work hard and try to buy your own house at the age of 35." "The 35-year-old is the average age for the Japanese to buy a house for the first time.　　Ayako's father is also at this age to buy a set of three room a hall, still in the repayment. Dong spent 45 million yen (about 3.5 million yuan) to buy a new house in three rooms and a hall, according to the introduction of the real estate company, the wall of the house uses a kind of new-type building materials, called "Air Wall". "Air wall" not only can warm and heat insulation, but also has the function of regulating indoor humidity.　　When the indoor humidity is not standard, it will be absorbed in the outdoor moisture, as far as possible to maintain indoor humidity year-round. The real estate company has two types of payment options: If you do not pay the first payment, you will pay 100,000 yen per month (about 7500 yuan), plus some of the annual and year-end bonuses. Or you can choose to pay a 10% down payment (4.5 million yen), a monthly payment of 80,000 yen (about 6000 yuan), plus part of the year, year-end bonuses.　　The repayment period is 30 years.　　In Japan, where the average company staff can get two bonuses in July and December each year, banks and property companies will require buyers to take part of the bonuses to pay for the money during the two bonuses. Japanese selling houses are calculated in terms of saleable area. Dong's house is just 100 square meters, if according to China's construction area to calculate the sale, it should be 130 square meters.　　In other words, the price per square metre is about 350,000 yen (about 26,000 RMB). At the same time, the sale of new homes in Japan are hardcover repair rooms, and configure basic equipment, such as cabinets, sanitary equipment and closets, buyers "carrying bags can stay." Dong bought that set of houses, if according to the Shanghai Decoration standard calculation, decoration cost at least 300,000 yuan (about 4 million yen).　　In other words, Dong spent 45 million yen to buy 130 square meters of the house, in fact, has omitted 300,000 yuan decoration fee, the actual purchase money only used 41 million yen (about 3.15 million yuan), the actual price per square meter only 23,000 yuan. In addition, the Japanese home buyers enjoy the absolute quality of housing guarantee period is 20 years.　　In 20 years, the house cracks, tilt, leakage and other building quality problems, real estate developers must be repaired free of charge, and make corresponding compensation. Shanghai is 8 times times more expensive than Tokyo real price dong a few days ago to Shanghai to travel, to Zhabei to turn a circle, found there 130 square meters of second-hand housing, the total price has been as high as 4 million yuan, than his new home in Tokyo is also expensive. His new home, which he bought in Tokyo six months ago, is estimated to have fallen to 40 million yen.　　Because the second-hand housing in Japan compared to new house prices will be slightly lower. Dong has been interviewed by the company's personnel department to take her wife to Shanghai next year. But after much comparison, he also decided not to give up Tokyo's house, nor buy a Shanghai house. The reason is simple: Shanghai's housing prices are not easy to read.　　Because Tokyo's income is 8 times times higher than Shanghai's, even though Shanghai is now the same as Tokyo's, it is actually 8 times times more expensive in Shanghai than Tokyo if combined with income levels. "Isn't there a bubble in house prices in Shanghai?" Dong was wondering.