California’s Housing Crisis Hits Breaking Point as Affordability Plummets
A critical shortage of nearly one million affordable homes is driving low-income families and essential workers out of California, sparking economic concerns.
Affordable Housing
China Unveils 2026 Property Market Stabilization Plan with Urban Renewal Focus
China announces 2026 property market stabilization measures, focusing on inventory reduction, affordable housing conversions, and urban renewal projects to ensure sustainable growth.
China Pledges Continued Support to Stabilize Housing Market in 2025
China’s Ministry of Housing and Urban-Rural Development pledges continued efforts to stabilize the real estate market in 2025, aiming to reverse the downturn and boost economic growth.
China’s Real Estate Moves in Right Direction, Says WEF’s Financial Systems Head
WEF’s Matthew Blake commends China’s efforts to enhance affordable housing supply and develop its REITs market, while noting ongoing challenges and the importance of government guidance for financial stability.
China Announces $42 Billion Relending Facility for Affordable Housing
China’s central bank unveils a 300-billion-yuan relending facility to support affordable housing projects, encouraging state-owned enterprises to repurpose completed commercial properties.
China Development Bank Boosts Support for Urban Village Renovations
The China Development Bank has significantly increased loans for urban village renovation projects across China, issuing 61.4 billion yuan to benefit 360,000 households and support urban development.