2015-12-15

China Chooses Urbanization to Fill Empty Homes

A good summary of all the proposals and suggested policies that have popped up in the past month or so.
WSJ: China Seeks a Way to Fill its Empty Homes

The People's Daily explains which policies are the important ones today. iFeng: 三四五线城市农民工买房机会来了
From the above two paragraphs, the country to "speed up urbanization of migrant workers" is a focal point for reducing the inventory of real estate.

Clearly, the main focus of implementation will be in third-, fourth- and fifth-tier cities, rather than first- or second-tier cities.

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