Year

Average price of commercial housing

(yuan/m²)

Urban resident

disposable income (yuan)

Ratio of house price to income

Interval

2007

8599

22,469

11.48

dangerous

2008

9339

25,317

11.07

dangerous

2009

9346

27,610

10.16

warning

2010

13,063

30,658

12.78

dangerous

2011

13,401

34,438

11.67

dangerous

2012

12,194

38,054

9.61

safe

2013

13,246

42,049

9.45

safe

2014

14,996

42,955

10.47

warning

2015

15,148

46,734.6

9.72

safe

2016

15,872

50,940.7

9.35

safe

2017

16,905

55,400

9.15

safe