Property News · January 14, 2018

Shanghai’s lack of affordable homes continues to be major headache for city’s authorities


Just how much is Shanghai willing to tinker with its property policies, in pursuit of the very best global talent?
The authorities in the economic powerhouse are banking on its new land policies, aimed at curbing skyrocketing home prices, to eventually help draw top financial and IT professionals from abroad.
Industry officials, however, remain doubtful about its eventual success, because that particular narrative is not very well supported by fact.
“Shanghai still has [a lot] to learn…

Source : South China Morning Post
Read more…Shanghai’s lack of affordable homes continues to be major headache for city’s authorities

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