Land in sight, but home is still too far away

Govt yet to meet target for construction of affordable housing

The area earmarked for affordable housing last year was increased by about a third of what it was in 2008. But lack of timely financial support still prevents millions of Chinese from realizing their dream of owning an apartment.

Figures from the Ministry of Land and Resources released yesterday show that about 10,400 hectares of land was earmarked for affordable housing last year, a 31-percent year-on-year increase.