Property News · June 6, 2018

Rental platform Baletu sees opportunity as China’s young turn to shared accommodation


Surging house prices in China have rekindled interest in rental accommodation, particularly for the nation’s youth who are effectively priced out of the market in many cities, and that interest is turning into a new opportunity for Baletu, a four-year-old web platform that links tenants directly with landlords.
The platform has recently attracted rental listings from major Chinese property developers, including Longfor, Vanke and Country Garden, who have stepped into the rental market…

Source : South China Morning Post
Read more…Rental platform Baletu sees opportunity as China’s young turn to shared accommodation

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