Firstly please don't be rude.
Please note the title of the post is that "China's Housing Dilemma",but not "the price of CHINA'S house".
Not to mention the price is above 5000.00RMB/sq.m. Some higher standard apartment even can reach more than 20000MB/sq.m.
To tell you the truth,I have got 3 apartment myself.
Here is no houseing shortage,somewhat over-produced.