On Chinese homeownership.

• Author: Rees, Matthew
• Position: China - Brief article

"In 1985, before China embarked on housing reform that allowed urbanites to purchase their state-owned apartments at cheap prices, privately owned homes accounted for less than 17 percent of urban housing stock. Since then, China's rates of home ownership are as high as 80 percent in the cities, according to some estimates--topping U.S. homeownership rates of about 69 percent."

"According to Euromonitor, since...