Limited-price houses open cities to buyers

BEIJING - The limited-price house program has found revived interest among young people who want to settle down in cities, especially in the cities where property prices skyrocketed in recent years.

The houses, which have a limited area and lower sales price than on the commercial market, are intended to help low- and medium-income families solve urban housing difficulties.

In the past, some buyers rejected limited-price apartments because most were built far from downtown areas, even on city outskirts, which would increase the residents' expenses.