Wednesday, March 21, 2012

Markets in Everything: Cave Homes in China

LA Times -- "More than 30 million Chinese people live in caves, many of them in Shaanxi province where the Loess plateau, with its distinctive cliffs of yellow, porous soil, makes digging easy and cave dwelling a reasonable option (see photo above).

"It's like living in a villa. Caves in our villages are as comfortable as posh apartments in the city," said Cheng Wei, 43, a Communist Party official who lives in one of the cave houses in Zaoyuan village on the outskirts of Yanan. "A lot of people come here looking to rent our caves, but nobody wants to move out."

The thriving market around Yanan means a cave with three rooms and a bathroom (a total of 750 square feet) can be advertised for sale at $46,000. A simple one-room cave without plumbing rents for $30 a month, with some people relying on outhouses or potties that they empty outside."