I live in a low-tier farming town in the Huangshan/Yellow Mountain foothills in Anhui. 60,000 people live in this town. My 3-bedroom penthouse apartment in an 8-year-old mid-rise (9 stories, view of farmland then mountain ridges to the north) would rent for 1000 yuan (about USD 120 or so). And that's for a nice apartment with a view to die for, straight from a Chinese misty-mountain painting.
You're right about low-tier rent being cheap.
I live in a low-tier farming town in the Huangshan/Yellow Mountain foothills in Anhui. 60,000 people live in this town. My 3-bedroom penthouse apartment in an 8-year-old mid-rise (9 stories, view of farmland then mountain ridges to the north) would rent for 1000 yuan (about USD 120 or so). And that's for a nice apartment with a view to die for, straight from a Chinese misty-mountain painting.
Educational dave, thanks
Understanding this explains why China loves building expressways, high speed rail and power plants….infrastructure increases opportunity.