Saturday, June 11, 2011

Chinese "Only" Started 3 Million Social/Public Housing Units YTD.

WSJ story is HERE, says that Chinese have started only 3 million units of a 10 million unit goal for this year and that shortfall may impact Chinese economy.

The Chinese 5 year social/public housing goal is 36 million units. For some perspective, Wikipedia says HERE that total production in nearly 20+ years of LIHTC history in the US is 2 million units.

Originally created and posted on the Oregon Housing Blog.

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