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According to the article, what sort of accommodation are many people in
The former French Concession area, founded in 1849, became home to merchants of many nationalities as well as a large Chinese population. The "father" of modern day
International influences can be seen in the local architecture. The most valuable homes usually overlook major streets that remind one of northern European cities.
It is estimated that values in the former French Concession have doubled in the past five years. Buyers who purchased in the early 2000s have been lucky. Some properties have increased in value by eight times their original cost.
Although there is talk of a property bubble, the area may be safe as there is a small supply of homes. Newly wealthy Chinese invest in the old houses and other people, who have studied the arts, and appreciate the architecture.
According to the article, what sort of accommodation are many people in
What makes homes in the former French Concession area so desirable nowadays?
It is estimated that values in the former French Concession have doubled in the past five years.
Although there is talk of a property bubble, the area may be safe as there is a small supply of homes.
Based on the information in the article, what can you infer that the rest of
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