China’s drive to develop a well-functioning rental housing market as an antidote to sky-high property prices is foundering, as rental agencies resort to debt-fuelled expansion amid weak profitability.
中國試圖通過發展運轉良好的租房市場,來應對高企的房價。但這項努力正遭遇挫折,因爲住房租賃中介機構因盈利能力薄弱而尋求依靠舉債來驅動擴張。
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