{"id":121444,"date":"2021-08-13T19:15:15","date_gmt":"2021-08-13T12:15:15","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-to-build-220000-rental-homes-in-next-five-years-to-meet-surging-demand-from-young-professionals-tame-soaring-house-prices\/"},"modified":"2021-08-13T20:07:27","modified_gmt":"2021-08-13T13:07:27","slug":"shanghai-to-build-220000-rental-homes-in-next-five-years-to-meet-surging-demand-from-young-professionals-tame-soaring-house-prices","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-to-build-220000-rental-homes-in-next-five-years-to-meet-surging-demand-from-young-professionals-tame-soaring-house-prices\/","title":{"rendered":"Shanghai to build 220,000 rental homes in next five years to meet surging demand from young professionals, tame soaring house prices"},"content":{"rendered":"<p>&#013;<br \/>\nShanghai, the commercial and financial capital of mainland China, plans to build 220,000 rental homes by 2025 as city officials go all out to meet burgeoning demand and tame soaring house prices.The figure represents an increase of more than 45 per cent from the number of rental units built in the last five years in one of the country\u2019s least affordable cities to rent or buy a home.Shanghai, with a population of about 25 million, will also build hostels that can offer 200,000 beds to young\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/money\/article\/3144999\/shanghai-build-220000-rental-homes-next-five-years-meet-surging?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">Shanghai to build 220,000 rental homes in next five years to meet surging demand from young professionals, tame soaring house prices<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; Shanghai, the commercial and financial capital of mainland China, plans to build 220,000 rental homes&#46;&#46;&#46;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"false","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":"","jetpack_publicize_message":"","jetpack_is_tweetstorm":false,"jetpack_publicize_feature_enabled":true},"categories":[1],"tags":[],"class_list":["post-121444","post","type-post","status-publish","format-standard","hentry","category-property-news"],"jetpack_featured_media_url":"","jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p75ss1-vAM","jetpack-related-posts":[{"id":62844,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/will-private-rental-homes-keep-a-lid-on-hong-kongs-runaway-property-prices\/","url_meta":{"origin":121444,"position":0},"title":"Will private rental homes keep a lid on Hong Kong\u2019s runaway property prices?","date":"August 5, 2017","format":false,"excerpt":"\r Hong Kong, already the world\u2019s least affordable city to work and live in, should take a page out of mainland China\u2019s policy playbook and release more government land to develop rental property to tame runaway home prices, industry experts said. Shanghai already provided a glimpse of the practice last\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122391,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/reits-seen-as-a-viable-funding-source-for-chinas-rental-home-builders-with-us77-6-billion-required-in-short-term\/","url_meta":{"origin":121444,"position":1},"title":"Reits seen as a viable funding source for China\u2019s rental home builders, with US$77.6 billion required in short-term","date":"October 6, 2021","format":false,"excerpt":"\r China is likely to soon give the go ahead to the first batch of real estate investment trusts (Reits) backed by rental homes, as local governments ramp up efforts to lower the cost of living for young professionals and tame soaring property prices.The asset-backed securities, offering developers a new\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":123808,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-banks-urged-to-lend-to-developers-building-rental-homes-in-bid-to-increase-affordable-housing\/","url_meta":{"origin":121444,"position":2},"title":"Shanghai banks urged to lend to developers building rental homes in bid to increase affordable housing","date":"December 15, 2021","format":false,"excerpt":"\r A raft of developers in Shanghai have received a shot in the arm as the banking authorities encouraged local lenders to grant them fresh credit to build rental homes.The Shanghai headquarters of the People\u2019s Bank of China\u2019s and the local branch of the China Banking and Insurance Regulatory Commission\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":170478,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-to-buy-second-hand-homes-for-rental-housing-in-pilot-to-support-property-market\/","url_meta":{"origin":121444,"position":3},"title":"Shanghai to buy second-hand homes for rental housing in pilot to support property market","date":"February 3, 2026","format":false,"excerpt":"\r In a move to bolster the stability of the property market, Shanghai unveiled a plan to buy second-hand homes for use as public rental housing, with the move timed to coincide with the opening of the city\u2019s annual \u201ctwo sessions\u201d meetings. With the official launch of a pilot programme\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":9062,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-tightens-rules-on-buying-second-homes-to-cap-soaring-property-prices\/","url_meta":{"origin":121444,"position":4},"title":"Shanghai tightens rules on buying second homes to cap soaring property prices","date":"March 25, 2016","format":false,"excerpt":"\r Shanghai has increased mortgage down payments, raised the threshold for non-locals\u2019 home purchases and tightened oversight on financing through the shadow banking system to rein in its overheated property market.\r \r Source : South China Morning Post\r Read more...Shanghai tightens rules on buying second homes to cap soaring property\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":47185,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-vanke-eyes-shift-to-property-leasing-as-soaring-home-prices-foster-new-class-of-renters\/","url_meta":{"origin":121444,"position":5},"title":"China Vanke eyes shift to property leasing as soaring home prices foster new class of renters","date":"March 8, 2017","format":false,"excerpt":"\r China Vanke has vowed to give priority to its leasing business this year as the developer tries to cash in on the country\u2019s rising demand for rental properties amid the increasing unaffordability of urban homes. Zhu Xu, board secretary of the Shenzhen-based developer told an investor meeting on Tuesday\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121444"}],"collection":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/comments?post=121444"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121444\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121444"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121444"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121444"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}