The Chinese government has said the cost of renting a home in cities should not rise by more than 5% a year - its first move to cap rental prices and part of efforts to provide more affordable housing.
  • @ancom
    0•3 years ago

    well, better this limitation then no limitation, but it still means that it is allowed to rise the price by ~63% in just 10 years.

    Afaik in some cities in europe there is such a limitation. It’s better then not having it, but it’s still shit.