Falling rents in China a sign of economic uncertainty

Rents are falling in some of China’s biggest cities amid a decrease in demand for apartments. The overall economic slowing brought on by the global coronavirus pandemic as well as China’s ongoing trade war with the United States are both impacting the apartment market in China, according to the Wall Street Journal. Average rents across China’s midsize to large cities fell more than 2 percent last month year-over year, according to an analysis by real

source https://therealdeal.com/2020/07/25/falling-rents-in-china-a-sign-of-economic-uncertainty/