Affordable housing
China Daily | Updated: 2007-10-20 07:43
People who own luxury cars should not be able to buy subsidized housing, says a signed article in the Beijing Youth Daily. The following is an excerpt.
Allowing luxury car owners to buy affordable houses is as wrong as building a swimming pool in the homes, said a Jiangxi Province official at a recent press conference.
He stressed that making sure low-income residents are the only ones qualified to buy affordable housing where construction is subsidized by the government is key to the success of such housing projects.
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