Housing pension to ease anxiety over depreciating housing

China’s Ministry of Housing and Urban-Rural Development brought up the concept of housing pension, sparking heated discussion. Highlights from Talking Business: A housing pension is by no means housing tax. It will not make home buyers pay more, but will use the special housing maintenance fund contributed by home owners as well as funding raised by the government more efficiently and in a coordinated manner to ensure the basic living conditions and smooth running of housing facilities. The scheme will not only safeguard the safety and joyful life of families living in residential buildings, but will also increase the value of old housing and make it more attractive in the second-hand housing market.