Today, the long-term rental housing market in China is booming more than ever before. To hear the expert opinion, The Southern Daily interviewed Sisi Zhang, IESR Associate Dean and Executive Director of the Center for Policy Research.
As Sisi Zhang observes, with a growth of resident population in Guangdong province there has been a steady increase in wages, a continuous upgrade of the consumption structure, and increased demand for housing quality and quantity.
The following are the key policy recommendations based on the extensive analysis of the current situation of long-term rental housing: 1) lowering the operating costs of long–term rental housing market and expanding its revenue model; 2) revitalizing stock assets and increasing the number of youth-oriented branded residencies; 3) improving the standards and supervision mechanism of long-term rental housing industry; 4) paying close attention to the securitization of real estate assets to avoid potential financial risks.