Recent developments in affordable housing in China

Nicholas You

Abstract


Affordable housing is becoming a challenge for cities that have invested in improving quality of life and global competitiveness. Two cities in China, one large and one small, are using innovative approaches to solving this ubiquitous problem. Instead of subsidizing the housing product they are empowering those with limited income with alternative housing options. This is a distinct departure from a supply driven system to a demand driven system that is easier to manage, is more transparent and introduces less distortion in the housing market

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