You are here

Xi seeks to tame China's wild property market with rental push

The government is trying to control spiralling home prices in major metropolitan areas such as Shanghai

BT_20180126_NSCNPROP26_3281533.jpg
Homeownership rates in China are among the highest in the world but rentals have been a hard sell, in part because of limited tenant rights and the low quality of much of the stock.

Shanghai

CHINESE President Xi Jinping has unleashed the world's biggest experiment aimed at taming runaway property prices.

After he used a milestone Communist Party Congress in October to push a housing model that emphasises renting, a flurry of

sentifi.com

Market voices on:

Powered by GET.comGetCom