Prices of homes in Beijing and Shanghai have seen a sharp rise in recent weeks, despite complaints that it's getting harder for first time buyers to afford an apartment. What are the causes of this continuous rise? Are there hidden risks in the housing market? Our reporter Chen Xin talks with Michael Klibaner, head of research at Jones Lang LaSalle's Shanghai operations to find out.
(interview)
That was Michael Klibaner, head of research at Jones Lang LaSalle's Shanghai operations.