Property News · December 19, 2018

Long road to maturity ahead for China’s 1.2 trillion yuan stratified and undeveloped rental housing market


Liu Juan, 28, lives in a village in northeast Shunyi district, 20km away from downtown Beijing. She has to climb narrow and steep stairs to get to her 8 square metre apartment, which is stacked with boxes. Throw in a sofa bed, and there is barely any room for visitors to sit. Clothes hang on a cooking range.
The telephone signal is weak and Liu, who works in a micro company in the education sector, has no internet access. She pays 1,800 yuan (US$261) – or 36 per cent of her pay cheque…

Source : South China Morning Post
Read more…Long road to maturity ahead for China’s 1.2 trillion yuan stratified and undeveloped rental housing market

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