'Social Housing'

choi

Tom Orlik, The Buyer of Last Resort for China’s Property. China Real Time, Jan 5, 2012
http://blogs.wsj.com/chinarealti ... st-resort-for-china’s-property/
("Writing in the official People’s Daily this week, the researchers [at State Council's own think tank[ proposed preventing sharp falls in house prices and achieving testing targets on affordable homes in one fell swoop (In Chinese). 'If the cost of buying projects falls below the cost of constructing social housing' the authors say, 'the government could come in and buy some troubled private market projects and convert them into affordable homes.'”)