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China housing presale reform squeezes developer cash flows
South China Morning PostLO·CN·3 days ago
The European Commission will release a legislative proposal next week that includes a calculation method to identify housing stress in areas with high tourist rental density, aiming to help member states combat the negative effects of short-term rentals. The proposal is part of broader EU efforts to regulate the housing market, but its specifics and enforcement mechanisms remain unclear. This matters as it could set a precedent for EU-level intervention in local housing policies, affecting the short-term rental sector and urban housing markets.
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