Low-cost housing in Shenzhen is arguably the secret sauce that allowed it to grow into the coast Chinese city to become the 12.5 million-person tech hub it is today, but Beijing doesn’t see it that way. Authorities from Beijing are locked in a legal battle with local landlords to demolish the so-called “urban villages” of cheap housing where hundreds of thousands of Shenzhen’s workers live. According to the Financial Times, authorities posit that the valuable […]
source https://therealdeal.com/2018/07/29/how-landlords-in-the-tech-mecca-of-shenzhen-are-fighting-beijing/
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