The Ministry of Land and Resources and the Ministry of Housing and Urban-Rural Development jointly issued the pilot Program for the Construction of Rental Housing by using Collective Construction Land, which formally allows collective construction land in urban villages, suburban villages and urban border villages to build rental housing, which has attracted the attention of all parties
The introduction of the pilot scheme gives the legal status of rental housing in urban villages, suburban villages and fringe villages
 There is a view that after the collective construction land construction rental housing enters the market, it will make a large number of people who have the willingness and ability to buy houses to rent houses, thus stabilizing housing prices