China Clamps Down on Risks in Rental Housing Market
The Chinese government has vigorously promoted the rental housing market since 2017 to address housing affordability as home prices skyrocketed across the country. But rapid growth in the sector with little regulatory control has created unexpected financial risks. The ministry described the sector’s development as “chaotic”, saying it had been …
News story posted on 2019-12-26T00:02:00.0000000Z
