Economist
Property bubble in China is not a new topic. Economists have for quite a long time deliberated over the meteoric rise of home prices, and the runaway pace of new construction. There have been a lot of reports on “ghost cities” — newly constructed Chinese municipalities that were never occupied — led to frequent warnings [...] Continue Reading »
According to Economist Intelligence Unit’s (EIU) 2014 ‘Worldwide Cost of Living’ survey released in London, Mumbai has emerged as the world’s cheapest city to live in, followed closely by New Delhi at third place. Singapore has emerged as the world’s most expensive city. The survey is designed as a relocation tool that uses New York [...] Continue Reading »
