Shenzhen is aiming to build at least 1 million affordable homes by 2035. Illustration: Lau Ka-kuen
Shenzhen faced with affordable public housing dilemma after tech capital ditched Hong Kong property model
- The southern Chinese city has reduced its reliance on land sales for revenue, but a shortage of land appears to be both a blessing and a curse for Shenzhen
- The city has the ambition of building at least 1 million affordable homes by 2035 to accommodate young, talented professionals as well as low-income groups
Topic |
China economy
Shenzhen is aiming to build at least 1 million affordable homes by 2035. Illustration: Lau Ka-kuen