Thousands of new rental properties are set to be rolled out across China over the next three years, as part of a national effort to keep surging home prices under control.
Major mainland Chinese developers including Country Garden, China Vanke, Longfor, Poly Real Estate and China Overseas Land & Investment have all confirmed they are expanding their leasing portfolios in a bid to echo President Xi Jinping’s hopes that more homes should be built “to be inhabited, and not for…
Source : South China Morning Post
Read more…Chinese developers warn more rentals will hammer margins















