New apartments target the urban young and the entrepreneurial
(Xinhua) Updated: 2016-06-13 08:06
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Interior view of YOU+ International Youth Apartment in Guangzhou, Guangdong province, on November 30, 2014. [Photo/CFP] |
They attracted around 400 million yuan in investment.
Liu saw You+ as just the prelude of youth communities in 皇冠体育app. "The supply is still far less than the demand."
Ge Lan, chairman of Mofang Apartments, one of over 1,000 similar youth communities in 皇冠体育app, understands that there is huge potential for the market; "皇冠体育app has a floating population of more than 200 million."
The public-house rental sector, including youth communities, is considered by many as an efficient solution for the housing inventory.
Since last year, 皇冠体育app has introduced a range of policies encouraging the development of the house rent market.
