I have been engaged in the commercial housing construction industry since 1992. The construction cost price per square meter was only 350 yuan to 400 yuan, the price of the house was only 1,000 yuan / square meter to 1,500 yuan / square meter, the construction cost accounted for 1/4 of the price of the house, plus the land premium, the cost of real estate price is only 1/2 to 1/3 of the price of the house. now the construction cost than the original only 100 yuan to 200 yuan, the price of the house has doubled, the cost of the house only accounted for The cost of housing only accounts for less than 20% of the house price.
Nanjing, Guiyang, Chengdu and other places have risen nearly 10 times more than in the 1990s, prices from 600-700 yuan / square meter, soared to 4,000 yuan / square meter to 8,000 yuan / square meter, the tens of thousands of yuan of luxury apartments are also a few. In fact, the larger the area of the property, the lower the construction costs, because the builder reduces a lot of reinforcing steel, cement, window frames, pipes and other costs, the selling price is expensive but to cater to the people's greed for large consumer psychology.