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China's housing boom spells trouble for boyfriends (Many women won't marry men who don't own a home)
Los Angeles Times ^ | 06/20/2010 | David Pierson

Posted on 06/21/2010 6:36:09 AM PDT by SeekAndFind

Mike Zhang considered himself serious boyfriend material. He knew what to order at an Italian restaurant. He could mix a tasty margarita. And he always volunteered to carry his girlfriend's handbag.

Then came the deal breaker. Zhang, a 28-year-old language tutor and interpreter, couldn't afford an apartment in the capital's scorching property market.

Rather than waste any more time, his girlfriend of more than two years dumped him.

Zhang's misfortune is not uncommon. China's housing boom has created a woefully frustrated class of bachelors.

Home prices in major cities including Beijing and Shanghai have easily doubled over the last year as families and investors rush to grab a piece of the Chinese dream. A typical 1,000-square-foot, two-bedroom, one-bath apartment in the capital now costs about $274,000. That's 22 times the average annual income of a Beijing resident.

Unlike in the United States, where home buying traditionally takes place after marriage, owning a place in China has recently become a prerequisite for tying the knot. Experts said securing an apartment in this market signals that a man is successful, family-oriented and able to weather challenging financial circumstances. Put succinctly, homeownership has become the ultimate symbol of virility in today's China.

"A man is not a man if he doesn't own a house," said Chen Xiaomin, director of the Women's Studies Center at the Shanghai University of Political Science and Law. "Marriage is becoming more and more materialistic. This is a huge change in Chinese society. No matter how confident a woman is, she will lose face if her boyfriend or husband doesn't have a house."

(Excerpt) Read more at latimes.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: china; housing; marriage; materialism
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1 posted on 06/21/2010 6:36:11 AM PDT by SeekAndFind
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To: SeekAndFind

Mike Zhang rides the subway in the suburbs of Beijing. His girlfriend called off their relationship after two years because he couldn’t afford to buy an apartment in the capital.
2 posted on 06/21/2010 6:36:55 AM PDT by SeekAndFind
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To: SeekAndFind

No money, no funny.


3 posted on 06/21/2010 6:40:58 AM PDT by Bon mots
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To: SeekAndFind

...or...
No money, no honey.


4 posted on 06/21/2010 6:41:25 AM PDT by Bon mots
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To: SeekAndFind

Sounds like he’s better off without her anyway.


5 posted on 06/21/2010 6:45:11 AM PDT by Yo-Yo (Is the /sarc tag really necessary?)
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To: Bon mots
No Money, no honey.

Women who think like that aren't wife material anyway. There is no guarantee in life that your finances will always be what it is today (no matter how well you do ).

An illness, a catastrophe, an unforseen circumstance, changes in the world economy, a banking collapese, etc. are all it takes to change yoru financial situation.

If you have a woman who marries you for your home, what will become of your marriage if you have to give up the home because of unforseen circumstances ?

Marriage used to be for richer or for poor, now it seems, it is for richer or for even richer.
6 posted on 06/21/2010 6:45:53 AM PDT by SeekAndFind
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To: SeekAndFind
China's housing boom has created a woefully frustrated class of bachelors.

I suspect that the endemic killing of baby girls throughout Red China is more likely the culprit.

7 posted on 06/21/2010 6:46:08 AM PDT by Virginia Ridgerunner (Sarah Palin has crossed the Rubicon!)
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To: SeekAndFind

“He could mix a tasty margarita. And he always volunteered to carry his girlfriend’s handbag.” And this guy is wearing purple.

Her reason for breaking up with him over not having a house was just a pretext. Him knowing how to cook, volunteering to carry his GF’s purse, and wearing purple spells M-E-T-R-O-S
E-X-U-A-L which she doesn’t want.


8 posted on 06/21/2010 6:46:15 AM PDT by Jack Hydrazine (It's the end of the world as we know it and I feel fine!)
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To: SeekAndFind
See how lucky we are that Barney Frank had the foresight to insure Americans would have affordable housing.
9 posted on 06/21/2010 6:49:53 AM PDT by The_Victor (If all I want is a warm feeling, I should just wet my pants.)
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To: Yo-Yo
Sounds like he’s better off without her anyway.

On a macro scale, China's problems are going to be worse. Because of their one-child policy and because Chinese traditionally value boys over girls ( and as a result, have aborted girls by the millions ), there is estimated to be 30 million MORE MALE than female in China today.

Where are these 30 million men going to find girlfrieds ( especially with those who are currently thinking like Madonna ( material girls ) ) ?

They'll probably have to invade a smaller neighboring country to get wives for these men.
10 posted on 06/21/2010 6:50:00 AM PDT by SeekAndFind
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To: SeekAndFind

>>And he always volunteered to carry his girlfriend’s handbag<<

The girlfriend must be a slow learner - took her TWO YEARS to figure out he was poor AND gay?

Jeez


11 posted on 06/21/2010 6:53:22 AM PDT by LadyBuck (In the immortal words of Jean Paul Sartre, 'Au revoir, gopher')
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To: LadyBuck
took her TWO YEARS to figure out he was poor AND gay?

Being a gentleman now makes one gay ?
12 posted on 06/21/2010 7:02:06 AM PDT by SeekAndFind
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To: SeekAndFind

Prefectly reasonable behavior on the women’s part considering they hold all the power and can be picky with how skewed China’s male-female ratio is. You see the opposite effect in the US African-American community where black men can behave like jerks because the ratio is skewed the other way; around 10% of black males are in jail or have been in jail.


13 posted on 06/21/2010 7:02:18 AM PDT by C19fan
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To: SeekAndFind

See Rape of the Sabines, hee hee.


14 posted on 06/21/2010 7:02:54 AM PDT by C19fan
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To: SeekAndFind

The article managed to find a negative in what is an economic miracle that free markets have provided. People in China can own their own home!!! And, it is so popular the prices are skyrocketing. That means the people will be willing to work very hard in order to buy their own home, they will spur the economy further. Freedom once again shows us how powerful and how prosperous it makes the average person! It is God’s design after all, the “natural” way of things. We are all meant to be free, free to do as well as we choose, to prosper as much as we desire.


15 posted on 06/21/2010 7:04:20 AM PDT by Wpin ("I Have Sworn Upon the Altar of God eternal hostility against every form of tyranny...")
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To: SeekAndFind
"A man is not a man if he doesn't own a house," said Chen Xiaomin, director of the Women's Studies Center at the Shanghai University of Political Science and Law.

The Chinese have women studies classes at their universities too?

16 posted on 06/21/2010 7:07:30 AM PDT by qam1 (There's been a huge party. All plates and the bottles are empty, all that's left is the bill to pay)
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To: SeekAndFind

Carrying his girlfriend’s purse makes him a gentleman ? Since when ?

Women do not need to be put on a pedestal.


17 posted on 06/21/2010 7:12:48 AM PDT by MetaThought
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To: SeekAndFind

Sounds logical..........Same here......;^)


18 posted on 06/21/2010 7:13:27 AM PDT by Red Badger (No, Obama's not the Antichrist. He's just some guy in the neighborhood.............)
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To: SeekAndFind

Abort females for 30 years, and after the male/female ratios become skewed, you’ll find that those women that remain have their pick of men.


19 posted on 06/21/2010 7:13:54 AM PDT by PGR88
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To: MetaThought
Women do not need to be put on a pedestal.

Tell that to my wife. She's been on one for 30+ years and won't come down...........

20 posted on 06/21/2010 7:14:16 AM PDT by Red Badger (No, Obama's not the Antichrist. He's just some guy in the neighborhood.............)
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