上海的房市是变态 !!!

http://sh.focus.cn/

From this website, I see the low end 100-200mm apt in JingAn districk rent is 6000/mon, comparable selling price is 2,750,000, give you an annual rent to price ration 2.6%.

I would say in U.S., the average annual rent / price ration 5-6%, looks like ShangHai price is 100% overpriced.

Given the Chinese/Asian culture difference, let's give it a 20% premium, still 30% overpriced.

No research on HongKon&Tokyo rent/sales ratio, any fellow cool headed RE investor has the info?