I guess there should be deliberate efforts. In the HEFEI Article I just wrote I highlighted how the City actively put a stop to specualtive housing by penalising speculation. If your house is empty for more than 6 months you get a surcharge of 300% and also for the Developers they put a cap of 8% on new developments. Leading the city to have one of the cheapest housing in China
I guess there should be deliberate efforts. In the HEFEI Article I just wrote I highlighted how the City actively put a stop to specualtive housing by penalising speculation. If your house is empty for more than 6 months you get a surcharge of 300% and also for the Developers they put a cap of 8% on new developments. Leading the city to have one of the cheapest housing in China