12 December 2018

Beijing eyes public rental housing lease extension, paper says

The Beijing municipal government is considering extending public rental housing leases for certain tenants until they are ready to move out, Beijing Times reported Thursday, citing Jin Yan, president of the Beijing Municipal Center for Affordable Housing Construction Investment. The proposal is aimed at helping young tenants who are just starting a career or business establish their financial footing before they move to private accommodation, the report said

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