Chinese 'house slaves' grow in booming economy
By Jaime FlorCruz, CNN Beijing Bureau Chief 7K 'uNPC
January 20, 2010 10:47 p.m. EST
Beijing, China (CNN) -- As China posts another blistering quarter of economic growth, the property price boom fueled by the economy is causing drama of its own. 1`Ig A0V`"
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Public grumblings over exorbitant home prices reached fever-pitch this year, inspiring a popular television series, "Narrow Dwellings." E^`-:L(_
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Also known as "Dwelling Narrowness" -- a Chinese phrase directly translated as "living like a snail" -- the 35-episode TV series follows the travails of the Guo sisters, Haiping and Haizao. To save up and buy a home, elder sister Haiping and her husband rent a shabby old attic and subsist on a diet of instant noodles -- only to find skyrocketing prices pushing their dreams of a new home beyond their reach. Ym8
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Haiping finally sets her sights on a flat on the outskirts of the city, even though the couple could barely afford the 900,000-yuan (US$131,800) price tag. Their 20-year mortgage comes to nearly $900 a month, but their combined salary is only around $1300 a month. cp)BPg
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The series dramatizes how investing in a home becomes an issue for extended family as well. Haiping's sister, Haizao, steps in to help her relatives pay for the 20 percent down payment by becoming the mistress of a high-ranking official in the city mayor's office. It ends tragically for Haizao when she suffers a miscarriage and her lover commits suicide after being accused of taking bribes. ?]AF?
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The TV series has been a big hit among viewers who find empathy with the characters in the drama. "Paying the mortgage and eating [cheap] lunch boxes is a true reflection of the lives of many white-collar youths nowadays," wrote a blogger named Sui Han. EEn8]qJC
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Netizens blame inflated property prices and official corruption for drama's tragedy. "The cruelty of life depicted by the drama strikes a responsive chord among every citizen who is obsessed by the high property prices," wrote Mr. Ying on the Tianya discussion forum. 7@1GSO: Yf
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