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Liu Shijin

Establishment and Basic Evaluation of China's Housing Security System


China Economic Times June 19, 2013

China's housing market has achieved rapid development since 1998 when its housing system reform was instigated. Since then, a housing security system with Chinese characteristics has been established and is gradually taking shape. Starting with the 12th Five-Year Plan, large-scale and clustered security houses have started being constructed, including low-rent houses, capped-price houses, public rental houses and rent subsidies, all of which reflects the development of the housing system.