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Quake spurs rentals but hits home purchases

By Hu Yuanyuan | China Daily | Updated: 2008-06-19 07:44

Han Lin, an employee from Sunco Real Estate Brokerage Company's Chengdu branch is particularly busy these days. Soaring rents in the region following the earthquake is taking up much of her time.

"I could on average manage six to eight apartments on a single day," Han said. "Many people from quake-hit areas come to Chengdu for temporary living, and the business in May was more than double that of March and April."

Meanwhile, rents are also growing rapidly due to the soaring demand, Han added.

Quake spurs rentals but hits home purchases

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