20 years old businessmen buy elite real estate in China

According to China daily issue the majority of exclusive real estate buyers are younger than 30 years. Recently three 20 years old buyers acquired apartments in the most luxurious living complex of Shanghai (1 sq.m costs 14 370 dollars).

During last weeks in the living complex built in 2005 were sold 12 apartments. The main buyers are young businessmen working in IT-sphere and children of rich parents. Issue as well reports that till 2009 summer there were sold only 4 apartments in the living complex.

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