Media report of Prof Zhang Xiaobo’s keynote paper at the CESA annual conference at Monash University 2014.
House prices in China have skyrocketed in the last decade, making the country one of the least affordable places in the world to buy property, relative to income. One of the most popular jokes among Chinese bachelors is that the country’s demanding mothers-in-law are behind the soaring house prices.
Read more at Business Spectator…