Abstract
Since the founding of the People's Republic in 1949, China has experienced severe shortages of housing space, deteriorating housing conditions, and overcrowding. With the open-door policies of the present government, however, China has invested more funds in housing and is trying to improve the general situation. This paper examines China's post-1949 housing problems and explains institutional characteristics of ownership, financing strategies, and residential distribution in the post-Mao era.

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