GUANGZHOU -- China will increase the supply of low-cost rental housing to balance the residential housing market, which favors home sales.
Property
China increases rental housing to tackle cheap labor shortage
Policy change provides workers from rural areas with more low-cost options
This residential tower in Shenzhen offers public rental units. The number of affordable flats has been in decline as a result of urban redevelopment. (Photo by Yusuke Hinata)
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