Only a year ago, Beijing had oversubscribed lotteries in order to dole out public housing. Within a few months, some winners gave up their right to buy some of the less attractive properties due to falling prices making the private market more attractive. Now, a public rental in Tongzhou will go to whichever qualified renters show up first, and are willing to pay ¥30/sqm.
iFeng: 京首个“先到先得”公租房配租 每月每平30元
The Normal Seasonal Pattern for Median House Prices
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Last week, in the CalculatedRisk Real Estate Newsletter on March existing
home sales, NAR: Existing-Home Sales Decreased to 4.19 million SAAR in
March; Med...
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