Reuters (February 28)
China’s housing market seems to be approaching a paradigm shift. “The broad idea is to create a two-tier system. Local governments will rent out or sell flats below market prices to most residents, including some 300 million Chinese migrant workers who live far away from their hometowns in the mainland. Upgraders and investors could settle for a smaller private residential market, where regulators meddle less.”
Tags: China, Flats, Housing market, Investors, Local governments, Market prices, Migrant workers, Paradigm shift, Regulators, Rent, Residential, Residents, Sell, Two-tier system
WARC (August 27)
“Lockdowns have lasted longer than the 66 days research suggests it takes to form a new habit – so 2020 really will be an inflection point when we witness a paradigm shift.” COVID-19 has overturned our entrenched attitudes and assumptions, “halting much of what we have taken for granted, imposing new ways of living our lives and creating new boundaries.”
Tags: 2020, 66 days, Assumptions, COVID-19, Entrenched attitudes, Habit, Inflection point, Lockdowns, Overturned, Paradigm shift, Research
