In overpriced markets like Beijing, rental is relatively underpriced and represents a real bargain. However the Chinese doesn’t perceive the bargin in a positive light, due to a deep, long-held preference for ownership, as an essential basis of security, achievement, social status.

I feel it’s an irrational bias, although I could be biased.

How about sdxq homes? Poor bargain in terms of rental demand and commute

How about Ivy League colleges and UChicago? Poor bargain, according to Kyle.

In all of these cases, mainstream preference is NOT an accurate reflection of the correct priority in my situation. It’s crucial to honor my own preference (and wife’s) rather than other people’s preferences.