| 08.08.2011 - China pushes public housing as prices boom |
| With their monthly income of 10,000 yuan (about $1,500), Beijing nurse Liang Huiqing and her husband would not have been able to get a foothold in China's soaring property market without government help. The couple, who have a 12-year-old son, bought their apartment in China's vast capital for just 500,000 yuan -- about one-sixth of the market price -- under a state-subsidised housing programme..............................................Full Article: Source |