Property News · August 5, 2017

China says renting is as good as owning a home, but how many will buy that argument?


For city dwellers about to make the biggest purchase in their lives, the Chinese government has good news: renting is as good as owning.
Anxious to cool an overheating home market during a year when the ruling Communist Party selects its next lineup of leaders, the authorities introduced a pilot programme in 12 major cities, where tenants of rental properties will enjoy the same access to public services as property owners.
Most importantly, they qualify to enrol their children in their…

Source : South China Morning Post
Read more…China says renting is as good as owning a home, but how many will buy that argument?

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