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Comment by ryan_lane

3 years ago

I live in a 95sqm apartment in the city for 26万/m, and I'm in an expensive area. When I was looking for apartments, I found lots of 60+sqm apartments for <20万/m even in some of the pricer areas. For standalone houses, you can find plenty of 70+sqm houses for purchase at ~5000万, which would have a mortgage of around 15万 a month.

It's important to note that you can get a mortgage at a rate somewhere between 0.6-1.6%, which means that even for seemingly high prices, you can buy something and have a surprisingly low mortgage cost.