concept   buying house
culture   China
statement   In China, buying a house is a major investment and status symbol that requires extensive negotiations.

4 similar statements
# Concept Culture Statement Freq.
1 buying house China Buying a house is a fundamental component of family and social status, and is often a top priority for individuals and families in Asian countries. 1
2 buying house China Traditionally preferred housing option is joint family living, with fewer individuals opting for individual home ownership 1
3 homeownership China Seen as a crucial family investment and source of pride 1
4 house purchase process China Often includes extensive negotiations and haggling over the price of the property. 1