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This is excellent news for young Chinese couples that want to buy a house or condo.
China's home ownership rate is 90%. Pretty much anyone who wants on has one. The percentage of people having multiple houses is 25% (so there's some uptake possible there).

China's home ownership rate is 90%.
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( Previous China threads merged into this one 7 Oct 2025. See https://patrick.net/post/1210872/2012-04-02-patrick-net-suggestions?start=622#comment-2213014 )