Photo Gallery: Going Underground in Beijing - DER SPIEGEL
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Photo Gallery Going Underground in Beijing

As speculators drive up Beijing's real estate prices, and migrant workers require ever more space to live, those who cannot afford the rent are going underground. Hundreds of cellars and air-raid shelters are being rented as living spaces in Beijing.
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Recently experts have been talking about a real estate bubble which threatens to burst. This 2008 photo shows a 92-year-old Chinese woman sitting outside her house in Beijing, which was set to be destroyed to make way for new housing and commercial developments.

Foto: Elizabeth Dalziel/ AP
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This Beijing dumpling restaurant was also earmarked for demolition (2008 photo).

Foto: Elizabeth Dalziel/ AP
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Newly built apartment buildings in Beijing: New housing developments keep springing up, and the amount of new property available is growing, but prices have also shot sky-high in the past few months.

Foto: LIU JIN/ AFP
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New developments in Beijing: As discontentment grows among those citizens who earn good money but still can't afford their own apartments, the Chinese government wants to curb speculation with new taxes and rules.

Foto: Ng Han Guan/ AP
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