Does the good ‘availability’ of land in China mean the zoning allows more and more sprawl? Especially around the smaller cities? I am curious to hear more about the Gov’t is paying owners for their ‘shanties’ and relocating them to vacant, new? ‘inventory. Is the new location nearby? What kind of vacancy rate facilitates this kind of gov’t program.
Does the good ‘availability’ of land in China mean the zoning allows more and more sprawl? Especially around the smaller cities? I am curious to hear more about the Gov’t is paying owners for their ‘shanties’ and relocating them to vacant, new? ‘inventory. Is the new location nearby? What kind of vacancy rate facilitates this kind of gov’t program.