Everyone, it's OK to rent

Nation must shed traditional thinking that affordable housing can't be rented and establish a commercialized leasing system

The central government has issued a series of regulations in recent months aimed at cooling the country's frenzied property market, each more aggressive than the one before.

The latest moves - an increase in down payment ratios and the suspension of mortgage loans for third-home buyers - prompted many commentators to declare the authorities had finally signaled their seriousness in bringing down soaring house prices.