Graphics: The Most to Lose
(Beijing) – The booming property market has helped narrow the gap in assets separating the country's haves and have-nots, a research center at the Southwestern University of Finance and Economics in Chengdu, Sichuan Province, says.
Researchers studied wealth data for the years 2011 and 2013. For many urban families, more than 90 percent their asset increase from 2011 to 2013 owes to the inflated price of their home, while the value of their financial assets and cars fell.
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