Property News · October 4, 2017

China’s land system breakthrough is allowing rural land for rental housing


China’s recent launch of the pilot scheme that allows the development of collectively owned land into residential properties for leasing will have a profound impact not only on the residential leasing market, but also on the land market and the housing system.
Announced by the Ministry of Land and Resources and Ministry of Housing and Urban-Rural Development last month, it also confirmed the first batch of trial sites in 13 cities – Beijing, Shanghai, Shenyang, Nanjing, Hangzhou,…

Source : South China Morning Post
Read more…China’s land system breakthrough is allowing rural land for rental housing

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