For example, if you buy a house in Pudong, Shanghai, according to the current average house price in Pudong, 2 million yuan may only buy a small apartment of about 40 square meters. At present, the standard price of many apartments is very low, and 2 million should be available. But if the house you want to buy is a big square meter, you must consider the places around Shanghai. For example, the price of Jinshan in Shanghai is very low. Maybe 2 million can buy a house of 100 square meter. 0.2 million/200 thousand can buy a house in Chongming, Shanghai, but Chongming is far from the urban area and its development is slow. There is little room for appreciation in investing in real estate in Chongming, Shanghai.
I suggest you buy a house in a busy area of Shanghai. As long as you buy a house with big property rights, you can get a loan. If you don't have a property in your name, you can pay 30% down payment and the rest can be paid in installments, which can relieve your financial pressure. However, Shanghai's housing policy is also very strict. If you are not qualified, even if you have enough money, you are not qualified to buy a house.