Young college graduates say that rents in cities such as Beijing, Shenzhen and Chengdu have become unaffordable. Photo: Xinhua

Why rents in China’s top cities are unlikely to see that midyear rise

  • Local governments in cities such as Beijing, Shenzhen and Chengdu have cracked down on price increases by rental apartment operators
  • Fresh graduates prefer to rent rooms instead of entire flats to keep their overall costs down
Topic |   China property

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Young college graduates say that rents in cities such as Beijing, Shenzhen and Chengdu have become unaffordable. Photo: Xinhua
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A Chinese flag flutters in front of a residential building under construction in Huaian, Jiangsu province, on July 12, 2018. Photo: Reuters

Beijing likely to loosen its grip on the housing market as exports cool, analysts say

  • Policies to boost housing could be forthcoming as China grapples with cooling exports, escalation in trade war
  • Bank of America Merrill Lynch says intensified policy easing is possible in the third quarter
Topic |   China property

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A Chinese flag flutters in front of a residential building under construction in Huaian, Jiangsu province, on July 12, 2018. Photo: Reuters
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