上海今年将进一步稳定房地产市场 加大住房保障力度 - 2019年02月15日

The Shanghai government announced on Thursday that it aims to further stabilize the property market in 2019 and plans to speed up the development of rental apartments and supply more affordable housing units to meet residents’ living needs.
The city is endeavoring to guide and cultivate the construction of a high-quality rental housing market and plans to build and convert 100,000 rental housing units throughout the year.
Since 2017, Shanghai has continuously strengthened the construction of rental housing. Last year, the city sold 118 hectares of land for rental purpose, with a planned construction area of 2.5 million square meters.