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Mistresses help keep the property bubble aloft in Beijing Quartz


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2013 Oct 12, 9:06am   1,682 views  1 comment

by C Boy   ➕follow (1)   💰tip   ignore  

http://qz.com/133984/mistresses-help-keep-the-property-bubble-aloft-in-beijing/?source=Patrick.net

They and their big-spending partners may also be contributing to ever-increasing real estate prices in some of China’s biggest cities. That’s because these women, often from rural areas, are regularly kept in apartments that their lovers buy for them in urban centers, near his work or home. The practice has created entire neighborhoods of apartments in big Chinese cities filled with women who would otherwise be living at home with their families, or perhaps sharing a rental.

#housing

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