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How many county-level cities join stabilization efforts by end of 2024?
1
Resolution / Starting Odds
Less than 100 • 33%
100 to 200 • 33%
More than 200 • 33%
Chinese Housing Authority Reports and Official Announcements
Story
Chinese Local Governments Expand Housing Market Stabilization Efforts to County-Level Cities
Jun 22, 2024, 05:11 AM
Chinese local governments are expanding their initiative to stabilize the real estate market by acquiring unsold houses, extending the program from major cities to county-level cities. The housing authority has joined the plan, aiming to convert unsold commercial homes into affordable housing in hundreds of cities. This move comes amid a persistent property crisis. Signs of recovery have been observed in major Chinese cities since the government introduced various policies to support the property sector a month ago.
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Less than 10 cities • 25%
10 to 20 cities • 25%
20 to 30 cities • 25%
More than 30 cities • 25%
Chicago • 25%
Los Angeles • 25%
New York City • 25%
Houston • 25%
Fewer than 10 cities • 25%
10 to 20 cities • 25%
20 to 30 cities • 25%
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More than 10 • 25%
5 to 10 • 25%
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Increase in sanctuary cities • 25%
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1 to 5 • 25%
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More than 10 • 25%
All three cities completed • 33%
Two cities completed • 33%
One city completed • 33%
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Less than 200,000 • 25%
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500,001 to 1 million • 25%
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