Middle class feels locked out of housing market
By Wang Qian | China Daily | Updated: 2009-08-27 07:48
The lack of public housing available to middle-class families has made a home the most "unreachable" thing in urban China, say experts in the field.
"We suggest the government implement the second housing reform in order to meet the housing demand from the middle class," said Li Ming, an expert on the Housing Act.
Li added that a proposal to that effect has been sent to the Ministry of Land and Resources and the Ministry of Housing and Urban-Rural Development.
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