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