Two more Chinese cities are introducing new rules to allow home renters to enjoy the same access to public services as homeowners, a move that is designed to rein in the areas’ sky-high property prices, China Daily reports.
Qingdao and Tianjin have both announced that people renting a home will now be able to attain permanent resident status in the cities under China’s hukou, or household registration system. Having hukou status gives holders more rights and greater access to employment, education, social security and pensions, among other important benefits.
Previously, only people who owned a home in a city were eligible to attain hukou there, a policy that helped fuel rapid rises in property prices in many cities. Other cities including Guangzhou, Zhengzhou and Jinan have also introduced similar pro-renter policies in recent months.