{"id":121749,"date":"2021-08-31T17:19:27","date_gmt":"2021-08-31T10:19:27","guid":{"rendered":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-to-cap-annual-urban-rent-increases-at-5-per-cent-to-rein-in-runaway-prices-and-make-homes-affordable-to-job-seekers\/"},"modified":"2021-08-31T18:14:40","modified_gmt":"2021-08-31T11:14:40","slug":"china-to-cap-annual-urban-rent-increases-at-5-per-cent-to-rein-in-runaway-prices-and-make-homes-affordable-to-job-seekers","status":"publish","type":"post","link":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/china-to-cap-annual-urban-rent-increases-at-5-per-cent-to-rein-in-runaway-prices-and-make-homes-affordable-to-job-seekers\/","title":{"rendered":"China to cap annual urban rent increases at 5 per cent to rein in runaway prices and make homes affordable to job seekers"},"content":{"rendered":"<p>&#013;<br \/>\nChina\u2019s government plans to put a lid on rental charges in the nation\u2019s cities to rein in runaway housing costs, after years of draconian crackdowns have failed to make urban housing more affordable for the millions of people who enter the job market.Rental charges in urban areas will not be allowed to rise by more than 5 per cent in a year, the Ministry of Housing and Urban-Rural Development announced ahead of a briefing themed \u201cHousing for All\u201d in Beijing.\u201cNew immigrants to our cities and\u2026&#013;<br \/>\n&#013;<br \/>\nSource : South China Morning Post&#013;<br \/>\nRead more&#8230;<a href=\"https:\/\/www.scmp.com\/business\/money\/money-news\/article\/3147047\/china-cap-annual-urban-rent-increases-5-cent-rein-runaway?utm_source=rss_feed\" target=\"_blank\" rel=\"noopener\">China to cap annual urban rent increases at 5 per cent to rein in runaway prices and make homes affordable to job seekers<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#013; China\u2019s government plans to put a lid on rental charges in the nation\u2019s cities to&#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-121749","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-vFH","jetpack-related-posts":[{"id":121650,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/canadian-homes-may-be-off-limits-to-foreign-buyers-for-two-years-trudeau-says-in-re-election-pledge-to-rein-in-runaway-prices\/","url_meta":{"origin":121749,"position":0},"title":"Canadian homes may be off-limits to foreign buyers for two years, Trudeau says in re-election pledge to rein in runaway prices","date":"August 25, 2021","format":false,"excerpt":"\r Prime Minister Justin Trudeau promised to introduce a two-year ban on foreign homebuyers to tackle housing affordability in Canada if he\u2019s re-elected.The proposed restriction is an attempt to cool a housing market that has soared during the Covid-19 pandemic. Surging prices have become a central issue in the campaign\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52395,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/ontario-imposes-tax-on-overseas-buyers-to-rein-in-housing-prices\/","url_meta":{"origin":121749,"position":1},"title":"Ontario imposes tax on overseas buyers to rein in housing prices","date":"April 20, 2017","format":false,"excerpt":"\r Ontario announced a rash of measures including a tax on foreign buyers and expanded rent control as part of a plan to temper escalating home prices in Toronto. The 15 per cent levy would apply to non-Canadian citizens, non-permanent residents and non-Canadian corporations\u00a0buying residential properties containing one to six\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":76192,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/increase-in-hong-kong-mortgage-rate-will-make-renting-cheaper-in-seven-out-of-10-housing-estates\/","url_meta":{"origin":121749,"position":2},"title":"Increase in Hong Kong mortgage rate will make renting cheaper in seven out of 10 housing estates","date":"January 10, 2018","format":false,"excerpt":"\r Seven out of 10 housing estates might find buyers discouraged as renting will become cheaper than mortgage payments when the mortgage rate increases to 3 per cent, which might also finally cool housing prices in the world\u2019s least affordable urban centre to live in, according to research conducted exclusively\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":53171,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/hong-kong-to-add-96000-homes-next-three-years-but-will-they-halt-runaway-housing-prices\/","url_meta":{"origin":121749,"position":3},"title":"Hong Kong to add 96,000 homes next three years, but will they halt runaway housing prices?","date":"April 28, 2017","format":false,"excerpt":"\r A record 96,000 units will be added to Hong Kong\u2019s supply of private housing over the next three to four years, according to the Transport & Housing Bureau\u2019s latest quarterly data, an increase of 2 per cent from the previous projection. The modest increase, which reflects the Hong Kong\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":122862,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/shanghai-and-chongqing-offer-hints-of-how-chinas-property-tax-would-work-and-be-ignored-by-runaway-home-prices\/","url_meta":{"origin":121749,"position":4},"title":"Shanghai and Chongqing offer hints of how China\u2019s property tax would work, and be ignored by runaway home prices","date":"October 28, 2021","format":false,"excerpt":"\r Shanghai and Chongqing, two of China\u2019s biggest urban centres, offer a hint of what a property tax would look like as the Chinese legislature gave its nod last week to kick off the tariff after a decade of stop-go measures to rein in runaway home prices.The two municipalities, with\u2026","rel":"","context":"In &quot;Property News&quot;","img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":37739,"url":"https:\/\/www.siamlandbank.com\/propertynews\/property-news\/growth-in-chinas-home-prices-slows-further-as-curbs-widen\/","url_meta":{"origin":121749,"position":5},"title":"Growth in China\u2019s home prices slows further as curbs widen","date":"December 11, 2016","format":false,"excerpt":"\r Growth in China\u2019s home prices slows further as a number of cities have suspended extending mortgages amid the government\u2019s efforts to rein in runaway prices. Price growth in the 100 cities monitored by the China Index Academy eased to 0.88 per cent last month from 1.56 per cent in\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\/121749"}],"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=121749"}],"version-history":[{"count":0,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/posts\/121749\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/media?parent=121749"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/categories?post=121749"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.siamlandbank.com\/propertynews\/wp-json\/wp\/v2\/tags?post=121749"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}