Property News · January 23, 2018

China plans to streamline process for building affordable homes as part of efforts to ease property prices


China is working on plans to make it easier for non-property companies to build affordable homes on land they hold, a move that potentially could make huge tracts of land available for housing and help rein in the country’s high property prices.
Minister of Land and Resources Jiang Daming made the announcement at a national conference last week, but did not elaborate on the plans, which come as Chinese authorities work on ways to increase land supply for housing.
While a series of anti-…

Source : South China Morning Post
Read more…China plans to streamline process for building affordable homes as part of efforts to ease property prices

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