“Are work-unit built homes a step forward or behind for low to middle-income families?”
Unit homes for low- to middle-income families as an alternative to expensive housing
Abstract: A study of the real estate market in China’s major cities reveals that average home prices have progressively risen to over 10,000 yuan (€960) per square metre. In a market where home prices are constantly rising, middle- to low-income households are struggling to find housing. Work-unit housing, which had been on the decline for many years, is attracting attention once again and immediately raises certain issues. This article begins by tracing to the history of work-unit housing (particularly in Canton) and continues by examining different view points to shed light on the renewed debate surrounding this type of housing as a viable solution to the current housing problem.