Are you thinking of one day moving from your piece of New York or London Ontario real estate property to a home in China? If so it's in your best interests to get a sense of what real estate properties are going for in China. You don't want to put your home up for sale and compete with all the other Etobicoke homes for sale on the market only to find out that homes are way more expensive in China than they are in your home city. That wouldn't be a very fun experience to go through.
You want to be extremely careful when considering a move overseas so you need to do everything in your power to avoid putting yourself in potentially dangerous or expensive situations. Finding out what real estate in Plano or North Vancouver is worth is the easy part. All you have to do is ask a real estate agent to give you that information. They'll be able to tell you how much properties are worth in your area and how much they have been selling for recently.
That information will give you an idea of how much you would be able to get for your home if you were to put it up for sale amongst all the other Toronto condo listings. The next step you would have to take is to find out how much similar homes in China would cost compared to your North American home. Once you have information about the real estate prices in China you can then start to plan your next move.
What we can tell you is that China is a very expensive city to live in. Take a city such as Beijing where the average home price per square meter is about $320. That's a pretty high cost of living for the average person. Of course not all properties are that expensive but when that's the average price you can only imagine what the higher end luxury homes are selling for.
Once you add in other costs such as food, clothing, gas, transportation, etc., you're not going to have that much money leftover, if any, to spend on luxury items such as television sets or FramedCanvasArt.ca prints. Now that you have an idea of what real estate prices in China are like you have a decision to make if you had your hearts set on living in China. Do you sell your home and move to China and go broke trying to make a living there if the money you made from the sale of your home wasn't enough to purchase a home in China or do you continue to live comfortably in your North American home.