Three-child policy: China’s median home size may have to grow by a third to 120 square metres to house larger families

Source: China – South China Morning PostThe Chinese government’s landmark policy to prod couples to have up to three children will fundamentally alter the housing industry, and spur developers to build bigger homes to accommodate larger families.Flats smaller than 90 square metres, which make up 70 per cent of the homes built by all residential property projects, are likely to give way to larger classes of abodes: those between 90 and up to 144 square metres, and luxury residences larger than 144 square metres, according to E-house…Read More