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Driving Didi in Shanghai, the driver is from Northeast China.
Talking about housing prices, he said he has an apartment in Pudong, bought in the early 2000s.
I asked how big it was, and he said 120 square meters.
I said then you’re now worth tens of millions.
He smiled: "Paper wealth. If I sell it, I have nowhere to live; if I don't sell, I pay 20,000 yuan a month in mortgage."
I asked if he feels a lot of pressure.
He glanced in the rearview mirror: "Not much pressure. I have three apartments."
I fell silent.