Description: Building low-cost housing projects is part of the Chinese government’s plan to restructure its housing sector. But some say it’s a risky strategy for the already shaky real estate industry. Source: Marketwatch.com – video report
Date: 12/30/2011
Questions for discussion:
- How does this project relate to the forces of supply and demand as they affect various areas of the Chinese economy?
- Do you think housing prices will be affected by this project?
- Why do you suppose some apartments nearby remain unrented?