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How China’s Plan To Develop Rental Housing Backfired – Borneopost Online | Borneo , Malaysia, Sarawak Daily News | Largest English Daily In Borneo

by theborneopost.com posted 2months ago 140 views
BEIJING/HANGZHOU, China: When President Xi Jinping of China vowed to increase the supply of rental housing last year, millions of young Chinese expected to find homes they would finally be able to afford. But the government’s initiative has had an unintended effect: A surge of property investors into the rental market that has dramatically pushed […]

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