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To make renting more attractive for residents, the Chinese government needs to take a more systematic approach by providing an equally distributed network of public services

The lack of a centralized financial regulatory body often leads to over-regulation in some areas while a lack of coordination has left loopholes in others

The government should create a better business environment to encourage private companies to participate based on their own interests

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The government must realize that soaring property prices and the lack of alternative investment channels have formed a vicious circle

If the trend continues, many of China’s college graduates may find themselves excluded from the middle class. From a national perspective, this could mean the start of the shrinking of the middle class, which would have serious social and political implications for Chinese society

China’s personal income tax is so unfair that it exacerbates income inequality and social injustice