TWCC20 - Real Estate or Stock Markets? How do Chinese People Invest their Money?, Episode 20

Welcome back to Two White Chicks in China with Hollie and Nora!

This week our question comes from Alan who not only says for us to ‘keep up the great podcast’ (Thanks Alan) but also asks us “Could you please elaborate on the speculative attitude of Chinese people in property and stocks. Also please give insights into cost of living with figures if possible regarding housing cost, average salary, mortgage makeup as percentage of salary, savings costs etc.”

In This Episode We Talk About…

Thanks for your comments!

Update on story from Episode14 about the guy with the 17 girlfriends.

Our fact of the week: A Chongqing man trying to sell his body for 5 million yuan!

Dowries in China.

Our question from Alan.

Differences between Hong Kong and Shenzhen cost of living.

We give figures of our own apartments.

Foreigners buying property in China.

Chinese investment abroad and the lengths they’ll go to.

Buying a second home.

What you get for your money here.

Lending money to buy a home.

Passing on property to the next generation.

Investing in stocks and angels…

Debt management.

Income and saving money for a foreigner.

The freedom of renting and being lock-in when you buy.

In hindsight, if only we’d bought…

Here’s some information of ‘average’ costs of living in Shenzhen.

Our Chinese word of the week is ‘market’ – 市场 (shì chǎng)

If you have a question for us, please send us a voicemail or leave us a message below!

People and Companies We Mentioned in the Show

Written Chinese is our sponsor
Learn the Chinese for ‘market’ and other words using the Written Chinese Online Dictionary
Send us a Voicemail!
Visit us and give us a ‘like’ on our Two White Chicks Facebook page!

Episode Length 44:22

Thanks so much for tuning in. Join us again next Thursday for our next topic and another question from one of our listeners!
If you want to ask us a question you can Send us a Voicemail!