Shanghai Uwin Real Estate Information Services Co. SAYS SHANGHAI AUG. NEW HOME SALES FALL 26% ON MONTH,

SHANGHAI AUG. NEW HOME SALES FALL 26% ON MONTH, UWIN SAYS
SHANGHAI AUG. NEW HOME PRICES FALL 1.1% ON MONTH, UWIN SAYS
SHANGHAI AUG. NEW HOME PRICES RISE 3.1% ON YEAR, UWIN SAYS

$500k for 100m2 in concrete box seems not very good deal (when you can get a carton house in USA for $10k).

Yes, but that $10k (Some as low as $1k) house is in Detroit, it has been stripped of all valuable materials, and it needs tens of thousands of dollars of work and payment of any and all tax liens.

You have to heat it in winter, and where are you going to work, and your neighborhood is dangerous.

Florida: below $10k, seems prices underestimated in 4-5 times.

However, Florida's crime rate is high. And maybe another day it will be flooded.

http://www.zillow.com/homes/for_sale/FL ... _zm/0_mmm/