Home » 2010 » December » 04

Daily Archives: December 4, 2010

Search within blog:

Subscribe RSS feed

December 2010
S M T W T F S
 1234
567891011
12131415161718
19202122232425
262728293031  

China to build more affordable housing

In another effort to diffuse housing bubble, China has set an aggressive 2011 construction target of 10 million subsidized, affordable housing units for local governments, 72 percent higher than this year's 5.8 million units, with an emphasis on public rentals for lower income families.

http://www.usfunds.com/media/images/investor-alert/2010-12-03/EMRG-ChinaHousingGrowth-12032010.gif

(graph courtesy of US Global Investors)