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Wokai Blog: "How Long Does It Take To Buy This Home?" How Skyrocketing Cost of Housing In China Affects Different Levels of Society: Wokai China Microfinance Blog

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Submitted by Jenny Gao on July 15, 2010  
Through Beijing volunteer Laura Du, I came across this music video on China Digital Times by Chinese pop singer Huang Zheng (黄征) that has become a viral hit online.

Called "Sell", it addresses skyrocketing housing prices in Chinese cities by depicting people at different levels of society and calculating how many years it would take for them to buy a luxury apartment.

China Hush provides an English summary of the video:

"In the traffic congested city streets, an advertiser was busy handing out flyers for the newly constructed condos. “Beautiful homes, starting at 29,800 yuan per square meters”, one flyer ended up in the hands of a cab driver who was waiting in traffic. He looked at the flyer and thought “It takes 125 years in order to buy this home”. That made his nose bleed.

A young man got into the cab and picked up the flyer on his way to work. Up in the elevator, punched his time card at exactly 9 am, he rushed into his cubical to start his day of work. Then he read the flyer and thought “It takes 87 years to buy this home.” Foaming at the mouth, he threw the ad into the trashcan.

A cleaning worker lady at this company picked up the trashcan and also saw the ad. “It takes 255 years to buy this home”, she broke into tears."

Some music for thought...

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