By Lu Na
BEIJING, June 25 (Xinhuanet) -- Due to higher housing prices in big cities such as Beijing and Shanghai, more and more people choose to work and live in second-tier cities.
Following greater investments and the development of a convenient transportation system, second-tier cities such as Wuhan and Jinan developed faster, which attracted more professionals and investors. However, this development also promoted the increase of housing prices.
The website Soufun.com, which focuses on providing information about housing, listed the 10 cities where housing prices are expected to soar in the future. This list aims to offer more references to investors.
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Xi'an (Photo: china.org.cn)
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NO. 10:
Xi'an, the capital of China's Shaanxi province, also known as Chang'an before the Ming Dynasty (1368-1644), is one of the Four Great Ancient Capitals of China. The city has over 3,100 years of history. It now serves as an information and technology innovation center in Asia, which attracts numerous professionals and enterprises. Due to a stable cash flow, the real estate industry benefits from the city's prosperity. Although land-use restrictions limit the development of the city into a metropolis, real estate prices might soar again.
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