VOA Mandarin: Housing rents fall in major cities across China

FILE - A salesman explains building types to customers at a real estate show in Shenzhen, Guangdong province, China, Oct. 12, 2024.

A new survey by Chinese media shows that housing rents in Beijing, Shanghai and Shenzhen have fallen to 2015–2017 levels, while rents in Guangzhou, Chengdu and Tianjin have dropped to the early 2010s levels.