INSIGHT-Investors rush to develop rental housing as Chinese home prices surge HONG KONG, May 5 China's sky-high apartment prices and its footloose generation of millennials are fuelling demand for rental apartments, driving investment by foreign private equity funds and Chinese real estate developers.
Footloose Chinese millennials want to rent property instead of own because they don't want to maintain a lawn.
( z1 want :ARG0 ( z2 person :mod ( z3 country :name ( z4 name :op "China" ) ) :mod ( z5 lazy ) :mod ( z6 generation :name ( z7 name :op "Millennial" ) ) ) :ARG1 ( z8 rent :ARG0 z2 :ARG1 ( z9 property ) :ARG1-of ( z10 instead-of :ARG2 ( z11 rent :ARG0 z2 :ARG1 z9 ) ) ) :ARG1-of ( z12 cause :ARG0 ( z13 want :polarity - :ARG0 z2 :ARG1 ( z14 maintain :ARG0 z2 :ARG1 ( z15 lawn ) ) ) ) )