China clamps down on risks in rental housing market
China clamps down on risks in rental housing market 3BEIJING (Reuters) – China will curb financial risks in the rental housing market by tightening lending to rental housing companies and capping the ratio of their rental income from loans taken by tenants at 30%, the housing ministry said on Wednesday. The Chinese government has vigorously promoted the rental housing market since 2017 to address …
News story posted on 2019-12-25T06:03:00.0000000Z