Posted inChinaGuangzhouShanghai

Shenzhen marks first ‘rental only’ housing project

Following the lead of Shanghai and Guangzhou, Shenzhen has launched the city’s first “rental only” housing project on Wednesday, which required a local developer to not sell the property for 70 years, Caixin reported. A source close to the Shenzhen Municipal Planning and Land Resources Committee told Caixin that the case is unique and that it was […]