A man works at a construction site of a residential skyscraper in Shanghai on November 29, 2016. Photo: AFP

Shanghai’s next generation concedes defeat in housing war, drawdown housing fund to pay rent

Rocketing home prices and stagnant wages force many younger Shanghai residents to give up their dreams of ever being a homeowner in China’s most developed urban centre 

Topic |   China property

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A man works at a construction site of a residential skyscraper in Shanghai on November 29, 2016. Photo: AFP
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