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« Turkey wants to be more appetizing to foreign investors | Main | One is the loneliest number » China puts the brakes on runaway housing marketNew real estate policies in populous China are expected to encourage developers to construct more middle to low income housing. Government officials are hoping to boost the supply of affordable housing, from it’s current level of 5% to more than 30%. One way in which they hope to accomplish this is to mandate that smaller apartment homes account for 70% of all new building projects. Builders have expressed their concerns over the new policy. TrackBackTrackBack URL for this entry: 
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